Given the wide divergence in opinions and expectations for
Forest Laboratories (NYSE:
FRX),
I am a little surprised to see that the market (at least as of this
writing) has reacted pretty calmly to another disappointing quarter and
another miss. Importantly, the elements that led to the miss do not look
all that serious and the company's long-term potential appears to be
intact. That said, investors considering these shares need to appreciate
that above-average
volatility is likely.
Read more here:
http://www.investopedia.com/stock-analysis/2013/Should-Third-Quarter-Results-From-Forest-Laboratories-Worry-Investors-FRX-PFE-IRWD0117.aspx
No comments:
Post a Comment