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Bottom Fishing For Value: Valeant Pharmaceuticals In Focus Today

A bias for long ideas over short ones helped improve the ROI the bottom fishing for value strategy. Two areas that benefit the most from markets recovering include energy and biotech sectors. The newest long idea is a surprising one: Valeant Pharmaceuticals (VRX). The company restored some confidence from shareholders after it said it did not expect any more restatement of earnings. It also expects to file...