08-19-2019, 12:56 PM
(08-19-2019, 11:17 AM)Otter Wrote: Big Pharma stocks seem to rotate turns getting taken out to the woodshed. I remember the 2000s, when LLY was deeply unloved. It has been one of my best-performing holdings of this decade. I prefer to own a broad basket of them, without having too much concentrated in any one holding.
Agreed. JNJ,MRK,LLY, BMY,PFE,ABBV ... I'm sure I forgot somebody. You need about 4-5 of them it seems. I think they've all had their turn the past 20 years, and recovery can be slow. We are being no doubt being presented with some opportunities here, and much safer to spread it around some.