On Wed, 23 Apr 97 22:17:16 -0600, Wildcat23 wrote:<<Hello fellow fools-I've been hearing some info about innovex lately and I've been looking for a strong short term stock to invest in. With the numbers that this stock has put up, what is the short term (1 month or so) outlook for this company?MiloP.S. Any other short term stocks out there that anybody knows about?????????????>>Hi, Innovex has been volatile for the past two years, as witnessed last month by flucuations between $20 and $30 -- 50%. Short-term, it could do anything. It's at a higher valuation than it has been in the past few years, but the company is arguably stronger than it has been in the past, too. Still, the multiple granted is a bit more than I'm used to seeing for such a company. Short-term: nobody knows what any stock will do. You're much better off putting your money in a 5% CD for six months than in a stock for only that amount of time. Seriously.Jeff
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Ma