Monday, June 19, 2017

EMSTP Recommends GILD

EMSTP recommends the purchase of Gilead.  It is trading at the rock bottom stock price of 64 dollars a share since 2014.  It has a yield of 3.2% with a quarterly dividend with an annualized payout of $2.08.  It will not trade at this price for long, this is an $80 dollar stock and shareholders are waiting for the company to purchase a company.  Once they finally purchase a company, the stock will go up another $10 dollars immediately and it will be to late to catch these immediate profits. GILEAD has over 30 Billion dollars available for M&A activities.

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