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Tuesday, May 06, 2008

Lenny Dystra recommends Forest Labs (FRX)

"The company develops, manufactures and sells both brand name and generic drugs and pharmaceutical products. Its two biggest drugs are anti-depressant Lexapro and Namenda, which is used to treat Alzheimer's and dementia.

Forest Labs' balance sheet is pristine with $1.7 billion in the bank and no debt. It has a number of phase III and phase II drug trials ending in the next year and half."-Stock Article Link

Currently trading at near it's low of $34.17.

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posted by RetireRichBlog at 7:58 PM

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