Your Favorite Stock For the Next Five Years
Although I am new here, I think that I will go ahead and try my hand at starting a chain post that would benefit all of us. I haven´t seen anything quite the same yet, but then again if this has already been done recently I apologize for the repetition.
For each person kind enough to take a moment and respond, I was curious what your favorite stock for the next five years would be and your rationale behind holding it. This could potentially give a lot of us here some good ideas to research on our own. Thanks again for your replies...
Edit: Guess I will throw my pick in as well. Celldex, CLDX, looks like a good deal to me after having done my own thorough analysis. It provides a margin of safety (I believe worst case buyout is $10)($15 price target at the moment), a solid balance sheet, and adequate return for the risk taken. It´s technology has a significant moat, and a partnership with pfizer also makes it more legit. Near term, I believe the market will reprice it to the upside when it announces the phase 3 trial for its brain cancer drug CDX-110 (and receives 50 mil milestone payment) and the phase 2 trial for metastatic breast cancer CDX-011. Also, institutions have been buying in (including Blackrock)
Instead of mumbling on with this directionless train of thought, I will simply say that regarding the deep pipeline and future prospects for drug approvals in the next five years, all available for the low price of 150million, this pick provides the unusual combination of value with technology that can change the future. Here are some links that should help:
Recent fact sheet (a little outdated)
Quarterly results coming out August 4th (might want to be positioned ahead)
CNN press and recent release on newest drug for bladder cancer
Far from a perfect pitch I know, but give me a break I am new at this ;)
Position: I am long.