First, my take on what's been going on in the markets this week:
This market looks absolutely great to me. Don't get scared ladies and gentlemen. I hope you know by now that greed and fear move the market, and that's exactly what is happening now.
I'm not going to talk about the same old stuff as everybody else. I'm not going to talk about interest rates … oil prices … inflation, or other stuff like that. Of course all of this stuff matters; but come on. If you pick a good company its stock will go up. It may go up slower in a troubled and turbulent market or it may not make as much money with the broader market holding it down, but it will eventually go up.
Isn't the stock market retarded?
One piece of good news sends the market booming, and one piece of bad news brings it to its knees. Give me a break!!!
I want to make a very important point and distinction for you. This is the difference between investing and speculation: If you are an investor, you should buy a company that you like and believe in, and eventually - if it is a good company - it will go higher; worrying in the interim will just make you ill.
Speculators should worry, because they trade for the action … and are at the mercy of the irrational emotions of market's participants. Look, nobody knows why people do some of the weird things that they do; especially when it comes to money.
Back to Business: A Nice and Healthy Stock
The last recommendation that I gave you several weeks ago (Symbol: NTY) looks great and strong.
Since I first started writing about health issues, I've received incredible feedback from may of you Tycoon Report readers.
I hope that by now I've made my point clear about how messed up healthcare is in this country, so I won't go any further into that. I've also said that many investment opportunities are out there to be had with vitamin and other alternative healthcare companies.
I also mentioned that if I happen to see an investment opportunity in the conventional medical spectrum, I wouldn't hesitate to share that with you … and that's what I have for you today.
The stock that you want to own is XOMA Ltd. The symbol is XOMA, and this stock trades on the NASDAQ. The price when you read this should be around $1.70 per share. The 52-week range is between $1.36-$2.46. I believe that - at a minimum - you will see the stock trade back to its high of $2.46, for a return of over 40%.
I believe conservatively that this will happen within the next 6-9 months. This is a biopharmaceutical company headquartered in
Again, conservatively, I believe that this stock will at least get back to its 52-week high, but if the right announcement comes out we may even see this stock triple or quadruple.
I absolutely love the healthcare sector. I believe that the health and technology sectors will provide investors with the most growth over the long term, but since I AM knowledgeable when it comes to health stocks and am NOT when it comes to technology, that is why I am focusing on health with you.
Drugs are pretty much the only product in the world that people buy over food, because they have to. Whether or not the economy is doing well or poorly, if you are in pain, I guarantee that you will buy that drug to make you feel better.
At the risk of seeming overly opportunistic, doesn't this seem like something you can cash in on? Bottom line: You must own health stocks!!
Until next time, stay healthy and wealthy.
