Chris Lau
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Chris Lau in Value Stocks,

Weekend Research for the Week Ahead (October 30 2017)

  1. After the violent sell-off in biotech through October, the sector began bottoming. Kerx fell 14.4% on the week but clawed back 8%.
  2. The value stock group favorites: Regeneron - REGN - Celgene - CELG - Gilead Sciences - GILD
  3. Valeant Pharmaceuticals (VRX) slid.  On light volume. Same for Teva.
  4. GE continued its path toward the teens.
  5. The giants of techs delivered and then some: Microsoft - MSFT - Amazon.com - AMZN - Alphabet - GOOG - all reported significant cash flow growth.
  6. AMZN $1000 PT now looks like a bargain.
  7. GOOGL $1000 looks undervalued now.
  8. Nokia - NOK - rallied back to $5.00. Just a buck to go to return to the pre-ER sell-off. 2018, maybe. Accumulate.
  9. Rite Aid (RAD) stock is broken. A new low reached last week. Buyer Walgreens - WBA - is leading the way down. WBA's strong results failed to attract stock buyers.
  10. The widely-followed AMD topped trading volume since the earnings. Investors did not like AMD's Crypto-GPU demand outlook nor did it like the sequential revenue decline forecast. Stay tuned: AMD's entry point will arrive and only members get the alert. Anyone buying AMD needs a 2018+ time frame.