Stock price when the opinion was issued
Worth taking a good, hard look at. Phenomenal yield, and he likes yield. Chart is starting to form a bit of a bottom. Low PE. Has things in the pipeline that the market's not paying for. If you're a longer-term investor, well worth sitting on it and getting rewarded while you wait for an upside pop from the drugs coming through as hoped.
He's looking at it closely.
Not a fan. Once they started to lose Lipitor off patent, they started to scramble with acquisitions to try to diversify their base. They haven’t come up with any huge blockbusters, and for the most part it has just been a struggling stock. They don’t generate continuing free cash flow, and the growth rate is only 2%-3%, and inflation is going to wipe that out.