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Celgene is poised to break-out to the upside

 Oct 09, 2009 08:00 PM UTC
Return Risk
+1.63% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
CELG Positive 10/09/09 +1.08% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Stocks to Buy

Celgene (NASDAQ: CELG), is performing as expected, hence I'm Reiterating my Buy rating for company, first recommended on June 19, 2009 at a price of $46.94. If you bought CELG in June, you're up about 20%.

Look for a 15-20% FY2009 revenue increase in CELG, boosted by cancer treatments Revlimid's and Vidaza's sales. Further, pipeline candidates to treat psoriasis and small cell lung cancer are approaching late-stage study.

Continue reading Celgene is poised to break-out to the upside

Celgene is poised to break-out to the upside originally appeared on BloggingStocks on Fri, 09 Oct 2009 15:00:00 EST. Please see our terms for use of feeds.

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