Watson Pharmaceuticals, Inc. (NYSE:WPI)

CAPS Rating: 4 out of 5

The Company is engaged in the development, manufacture, marketing, sale and distribution of brand and off-patent pharmaceutical products.

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Player Avatar bradford86 (99.43) Submitted: 1/14/2012 2:40:11 PM : Outperform Start Price: $62.79 WPI Score: +14.18

276. Watson Pharmaceuticals (NYSE: WPI) is down from $70 where it topped in 2011. At the present price of around $62, I think that there is a little upside here. Target: $63-$68. My 2012 EPS estimate is $5.60 which puts this at a P/E of 11.1 for a company growing at a double digit clip. Definately looks inexpensive here. Glad to see Bret agrees. I'll be playing CAPS points on this one.

http://beta.fool.com/bradford86/2012/01/14/price-market-part-42/

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