What do Pharmaceuticals and Housing Starts have in Common?
Interesting. This guy claims there is a 79% negative correlation between housing stocks and the relative performance of pharmaceutical companies. If this holds, could mean good things for pharmaceuticals during the next couple of years.
I have made large investments (relative to my entire investment portfolio) in Pfizer, Merck, Medtronic, and Johnson & Johnson over the last 5 years seeing them as out of favor and solid long-term, dividend-paying investments for me. Pfizer and Merck make up 2 of the largest 3 investment holdings I currently have.
I hope this guy right!
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This is an ongoing monthly update on how our equity investments are performing. Please see this background on the investment tool I developed and how I am using it to track our performance against a benchmark to measure our progress...
16% Return in about 6-8 months? (Oct 24, 2008)
I noticed that Anheuser Busch stock closed at $58.50 on Thursday. That represents over a 16% discount offer the offer price($70/share) as part of the InBev merger announced earlier this year. It got me thinking this is a very reasonable...
Investment Performance September 2008(-10.93%) (Oct 06, 2008)
This is an ongoing monthly update on how our equity investments are performing. Please see this background on the investment tool I developed and how I am using it to track our performance against a benchmark to measure our progress...
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