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Enter Symbol:
 
Glaxosmithkline Plc (GSK) [hlAlert]

Rating:
Buy GSK
down 2.02 %

DailyFinance: Ten stocks for 2010

Posted on: Monday,  Feb 15, 2010  8:15 PM ET by DailyFinance: Ten stocks for 2010

DailyFinance: Ten stocks for 2010 rated Buy Glaxosmithkline Plc (NYSE: GSK) on 12/10/2009, when the stock price was $42.06.
Since then, Glaxosmithkline Plc has lost 2.02% as of 12/07/2015's recent price of $41.21.
If you would have followed this DailyFinance: Ten stocks for 2010's recommendation on GSK, you would have lost 2.02% of your investment in 2188 days.

GlaxoSmithKline plc (GSK) is a global healthcare group, which is engaged in the creation and discovery, development, manufacture and marketing of pharmaceutical products, including vaccines, over-the-counter (OTC) medicines and health-related consumer products. GSK?s principal pharmaceutical products include medicines in the therapeutic areas, such as respiratory, central nervous system, anti-virals, anti-bacterials, metabolic, vaccines, cardiovascular and urogenital, oncology and emesis. It has operations in some 114 countries and products sold in over 150 countries. The Company operates in two segments: Pharmaceuticals (prescription pharmaceuticals and vaccines) and Consumer Healthcare. On October 14, 2008, it acquired the Egyptian mature products business of Bristol Myers Squibb Company (BMS). In July 2009, BMS' branded generics business, which comprises a portfolio of 13 branded pharmaceuticals was acquired by the Company. In July 2009, GSK acquired Stiefel Laboratories, Inc.

First among these trends, some financial companies were hit way too hard, along with their brethren, and will now recover in a world where they have fewer competitors. Next, the developing world is back on track. People are moving from rural to urban areas throughout the planet. And they are very, very hungry. Back at home, health care reform, whether you like it or not, is happening. Also, the dollar is weakening. Meantime, personal computing is still getting faster, smaller, cheaper. And I'm afraid the threat of terrorism is here to stay -- and the fight against it will still cost billions of dollars.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/10/2009 4:00 PM Buy
None
42.06
as of 12/31/2009
1 Week down  -11.68 %
1 Month down  -11.19 %
3 Months   
1 YTD down  -11.19 %

(*) Stock Price at the time of the recommendation.
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