(10-28-2016, 09:06 AM)DividendDragon Wrote:(10-28-2016, 09:05 AM)EricL Wrote:(10-28-2016, 08:46 AM)Caversham Wrote: Well with a 30 year horizon you would do well with just about any SP 500 stock lol. But yes I would say in 30 years CAH will be a lot higher then it is right now. As is the case with CVS and AMGN
My watchlist is lit up green today. CAH, ABC, MCK, ABBV, AMGN down 10%+. I haven't had time to investigate why. Anyone know what's up?
EDIT: Looks like they are already recovering some.
MCK had a poor earnings report and guidance and there was a short seller raising questions about PBM price gouging. All of the pharma distribution/benefit managers are down big.
Looks like I'm rolling the dice on this one.
Who's in there with me? Bough CAH.
I figure with 30+ years investment horizon - it's a risk worth taking.
Well with a 30 year horizon you would do well with just about any SP 500 stock lol. But yes I would say in 30 years CAH will be a lot higher then it is right now. As is the case with CVS and AMGN