Agreed on CPD! The P/E is ridiculously low and this is touching the 52wk low of $2.93 at $3.05. Over 500 million in revenue with no-debt. With people losing their jobs, they cannot afford prescription medicines as they are often paid for by their companies. Paying out of pocket means buying generic equivalence and capitalizing on low cost medicines. This will occur even more in the near term as unemployment continues to rise. We should see that in the jobs report tomorrow. Best, Sheff
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Generic drug stock!! Ah, an old favorite industry of mine. Total recession-proof. Two of this boards best picks were generic drug stocks coming out of the last recession (one turned out to be the best performing listed stock in the entire stock market one year actually). Caraco brings back some memories. Wow, they've grown up huge since the last time I glanced at them. Will have to check them out deeper, thanks.
How are $4 generics at Target/Wal-mart doing for the industry? Making it better, worse, or no different since it's mostly $4 generics on old unprofitable generic drugs anyway?
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