The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
6 pts

Opinion on  Celgene Corp (CELG)     Sector: Healthcare  >  Industry: Biotechnology & Drugs
Super High P/E Ratio makes it hard to sustain profit

Mar 14, 2007 12:59 AM GMT
A1800133_363
Return Risk
-10.93% HIGH
Associate

Fundamental Analysis  

With a P/E of roughly 288, I just can't see this stock ready to rise soon. It will first need to shed a few integers off this astranomical figure and suffer the dip in price that will inevitably ensue. This may possibly alleviate itself in a few years and be a great stock and some would argue that all the yahoos and googles started with a relative high ratio, but to me this is simply too off the charts and the risk is too great to throw money into it at this point.


CELG:  This call was made on 03/14/07 @ $50.48
Rating:   Negative   $50.48 (03/14/07)
Closed:   11/14/2007 @ $64.08 (-26.94% in 245 days)
Target:   $45.00 (-10.86%) in Six months


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 21.10 +34.25% 381
2 Gerald Greene 18.14 +72.34% 210
3 stockmarketfunding.com 17.66 +25.65% 55
4 akiralegrand 13.47 +14.32% 61
5 anup2104 12.13 +76.91% 39


POPULAR STOCKS
Symbol Company Name Sentiment
FNM Fannie Mae
CSCO Cisco Systems Inc
MSFT Microsoft Corp
AIG American International Group Inc.
SBUX Starbucks Corp
NVDA NVIDIA Corp

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
Celgene Corp (CELG)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
86.0%
Top:
100.0%




Latest Picks by N.X. Rodser
Symbol SP Sentiment Rating Return Since
STX Positive -24.51% 04/11/08
SIFY Positive -61.49% 01/07/08
TRMB Positive -12.77% 01/07/08
OYOG Positive -52.34% 01/07/08
ATRO N/A Positive -78.01% 01/07/08

View All >
   
N.X. Rodser previously rated CELG
Positive +9.59% Bullish on CELG ...
12/13/2007
0
Negative +2.42% Bearish on CELG ...
03/12/2007
0





IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch