WCRX: might be worth a try | stockbee


WCRX: might be worth a try

WCRX had a breakout post earnings yesterday. It has good earnings. Might make it to 30 in next couple of months.


h said...

do you buy after the breakout? where would you buy it and how do you determine your target? thanks, hector

Pradeep Bonde said...

I buy on b/o. The target is 20% profit.

dave said...

Excuse me if I'm missing something, but are you sure WCRX has posted earnings already. I've seen other calendars saying earnings to be announced on 2/25/11 or 2/28/11.

Pradeep Bonde said...

Not posted earnings. But guided in line.
Warner Chilcott announces 2011 financial guidance in-line with consensus (23.73 )
Co sees FY11 EPS to be in the range of $3.45-3.55 vs consensus of $3.50; revenues for 2011 are expected to be in the range of $2.7-2.8 bln vs consensus of $2.77 bln.

dave said...

Thanks, got it. I take it you meant the stock behaved like a positive post earnings b/o after company comments "in line" with estimates.