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Sanofi-AventisSNYTOP PICKAug 14, 2018Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
(A Top Pick Mar 12/20, Up 36%) The same idea as GSK. Hasn't done a whole lot. They are actually working on a Covid vaccine. In the meantime, non-covid visits have been decreased so there has been a hit on prescriptions. Once it comes back, they should do fine.
The best time to buy drug stocks is after they have faced a patent cliff. They have lots of cash but they have to find new drugs by research or buy buying. Sanofi has lost competitions to buy drugs because they won’t pay too much for them. The stock has been behaving better lately as some of the acquisitions have been doing well. He thinks this is a good time to buy. (Analysts’ price target is $48.25)