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Glenn Novarro of RBC asks about $JNJ's unrealistic valuation expectations. $JNJ said that in certain ares of the market valuations are still high. They are coming down in biotech in particular & in some other areas like med device etc. Things will get better as time goes on & the company will look for the right opportunity at the right valuation.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?