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A global pharmaceutical group engaged in the research, development, manufacture and marketing of healthcare products.
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reddingrunner (< 20) Submitted: 8/06/07 2:21 PM : Start Price: $39.87 SNY Score: 4.91
Ketterer sold me on this one too (along with HBC):"a rich pipeline of 65 potential drugs should ensure strong earnings growth in coming years. Meanwhile, says Ketterer, the company should generate a staggering $55 billion in free cash flow (cash left over after paying bills and reinvesting in the business) over the next five years, which should support the share price, recently $46. The company could use the cash to repurchase shares and to bolster its dividend. "The downside is practically nil, barring the unexpected," Ketterer says."http://www.kiplinger.com/magazine/archives/2007/07/stockpicks2.html?kipad_id=5
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