Opko Health Inc (OPK)

[WiseFool]

David Coleman of Vickers Insider Weekly Top Pick is Opko Health Inc

5 reasons to double-down and buy stocks today

Excerpt

A top pick of Coleman’s is Opko Health Inc. OPK, +2.84% It’s an unusual biotech company in that it recently sold off sharply, despite the persistent strength in the group, most likely because it announced the purchase of another biotech company. Investors often sell the shares of the buyer in mergers, because of doubts about acquisitions, which so often fail to pan out. But in this case, the insider buying suggests the buyout adds to the product pipeline in a favorable way, one reason I have also suggested Opko in the recent weakness in my stock letter, Brush Up on Stocks.

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