April 8, 2009

A Buying Opportunity for Celgene

TheStockAdvisors note that the recent pull back in shares of Celgene make for a good buying opportunity. They say that despite lowering revenue guidance, Celgene is still a "great growth story."

To contrast, Zacks recently lowered the rating on the stock to a Hold with a $45 price target. 52 week low is $36. If you believe in the growth story, now would be a good time to get in.

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