Skip to content
Better HN
Top
New
Best
Ask
Show
Jobs
Search
⌘K
undefined | Better HN
0 points
gowld
7y ago
0 comments
Share
> If you think their profit is 'exorbitant', then you should be investing in pharma.
is not necessarily true. Expected future returns are already priced into stock of incumbents.
0 comments
default
newest
oldest
darawk
7y ago
You're correct. But look at their PE multiples and their margins. They're not wildly out of line with other companies.
j
/
k
navigate · click thread line to collapse