"Getting High on Drug Stocks
Posted on Apr 24th, 2007 with stocks: ABT, LLY, MRK, PPH, SGP
ContraHour submits: As a contrarian, I've been holding a bunch of drug stocks for the past couple of years -- and it feels like they've been hanging around my neck like Jacob Marley's ghostly chains in A Christmas Carol. But lo and behold, this month they've added to my performance for the first time in years. My first reaction was disbelief -- that outperformance may be an undigested bit of beef, a blot of mustard, a crumb of cheese, a fragment of underdone potato. My second reaction was: Bah!! Humbug!! Sell."
