Indications are that post-Brexit-vote bottom in the stock market is not yet in, but plenty of attractive opportunities are developing that may turn out to be a bonanza for astute long-term investors willing to patiently scale into them. Let’s start with two charts. The first chart is a tick chart
This post was just published on ZYX Buy Change Alert. The Supreme Court is likely to make a ruling on Obamacare this month. It is always difficult to predict judicial decisions, it appears that the ruling is likely to go in the favor of Obamacare but you never know. For this
One of the rumored suitors of SNN has been MDT. MDT just bought COV and is now likely out of the race to buy SNN. There are still other suitors of SNN such as SYK and JNJ, but the stock is likely to drift lower unless an immediate bid appears.
This post was just published on ZYX Buy Change Alert. SNN hit $100 target yesterday afternoon on rumors that MDT would make a bid. SNN is long from $81.40. There are more synergies in a buyout by SYK. For this reason SYK may be able to pay a higher price. However
This post was just published on ZYX Buy Change Alert. We clearly stated yesterday that the plan was to take partial profits on SNN if the stock rose today. In the pre-market, the stock is rising about $4 to $87. Those who took on a full position of 40% with anticipation of taking
This post was just published on ZYX Buy Change Alert. This is suitable for aggressive investors only. After the recent buyout by ZMH of Biomet, it makes all the sense in the world for SYK and SNN to merge to stay competitive in the orthopedics business. There was a report this morning