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Stockchase Opinions

Danny TomkaForest LaboratoriesFRXTOP PICKNov 09, 2004

Stock price has been cut in half since March/04 because of their depression drug which is coming off patent. Creating their own generic drug. Great company. Juggernaut sales force. Has about $4 of cash. Has a product ramp in alzheimers.
$43.51

Stock price when the opinion was issued

$12.00

As of Jun 25, 2021. Market Open.

biotechnologypharmaceutical
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TOP PICK
Had dropped because of concerns about teens using their anti-depressant. A good price.
BUY
Buy, stick away and don't look at it for quite awhile. Costs are low on R & D because they tend to buy compounds that have already been researched. Not cheap.