Forest Laboratories, Inc. (NYSE:FRX)

CAPS Rating: 4 out of 5

The Company and its subsidiaries develop, manufacture and sell both branded and generic forms of ethical drug products which require a physician's prescription, as well as non-prescription pharmaceutical products sold over-the-counter.

Recs

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Player Avatar citizenryan (69.01) Submitted: 8/17/2010 6:34:46 PM : Outperform Start Price: $27.99 FRX Score: -1.34

This is the one of the the hardest stock to predict. Lexapro is the 2nd most prescribed drug in America. Government rules regarding patents mean the drug will go generic in 2012. This means FRX's major revenue stream will dry up. In 2011 people will start selling. Until then it's do well. With no end in sight for the recession people will continue to be depressed and doctors will prescribe anti-depressant. There is plenty of research on the relationship between recessions (or future outlooks) and depression

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