Good MorningEquity markets started the holiday-shortened week on solid footing, advancing incrementally to hover near record highs. The move was partly supported by President-elect Trump's pick of Scott Bessent for Treasury Secretary. The market favors the pick because his economic views will temper Donald Trump's more aggressive stance and reduce the risk of inflation accelerating.
The hurdle for markets this week is Wednesday. The economic calendar contains market-moving reports, including the Fed minutes and PCE price index. The PCE price index is expected to reveal inflation accelerating at the headline and core levels, contradicting the trend that led the FOMC to cut rates in September. This will be the second month inflation has increased since the Fed first cut rates, and it will likely keep them from cutting again in December, news that may keep the S&P 500 from hitting another new high this year. Featured: Trump won. Buy this coin now. (Weiss Ratings) 
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Retail investors often feel on the outside of the stock market since information can often be hard to access and digest when the factors and trends to be identified aren’t too clear-cut. This is why looking at Wall Street analyst actions can be an important checklist for retail investors whe... Read the Full Story |
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Stocks | | | U.S. stocks rose to records Tuesday after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street, even if they could roil the global economy were they to take effect.The S&P 500 climbed 0.6% to top the all-time high it set a couple weeks ago. The Dow Jones Industrial... Read the Full Story |
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Stocks | | | U.S. stocks rose Monday, with those benefiting the most from lower interest rates and a stronger economy leading the way.The S&P 500 climbed 0.3% to pull closer to its all-time high set two weeks ago. The Dow Jones Industrial Average added 440 points, or 1%, to its own record set on Friday, whil... Read the Full Story |
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With the Trump administration taking over in January 2025, there has been much speculation about forthcoming changes, trends, and themes. With Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk firmly embedded in Trump’s inner circle, there’s been speculation that self-driving or autonomous cars ... Read the Full Story |
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Markets | | | Investor Warren Buffett renewed his Thanksgiving tradition of giving by handing out more than $1.1 billion of Berkshire Hathaway stock to four of his family's foundations Monday, and he offered new details about who will be handing out the rest of his fortune after his death Read the Full Story |
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Following the 2024 U.S. election, there has been a great deal of speculation about how a second Trump administration will set policies that have an impact on the economy. Some have taken a strongly optimistic view of what's to come—a recent Goldman Sachs report suggested that the likelihood ... Read the Full Story |
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Abacus Life, Inc. (NASDAQ: ABL) is a global alternative asset manager specializing in a unique niche within the financial markets. The company acquires and manages life insurance policies.
The company's core mission is to generate financial returns for investors and educate consumers on the of... Read the Full Story |
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Markets | | | Wall Street is betting corporate dealmaking could bounce back next year if the new Trump administration ushers in lower interest rates and looser regulatory scrutiny. The number of deals and their value are both below pre-pandemic levels. In the U.S., deal values fell 23% in 2023 from just before th... Read the Full Story |
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Markets | | | Bath & Body Works fiscal third-quarter performance topped analysts' estimates thanks to strong sales, and the retailer boosted its full-year outlook.The owner of Victoria’s Secret, Bath & Body Works and other chain stores earned $106 million, or 49 cents per share, for the period. A year ear... Read the Full Story |
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Investing in companies in their first year of being publicly traded can be an exciting and perilous proposition. It may take time for enough information to come out about a new stock before the market can gather a strong sense of its actual value, leading to volatility. Shares can see large uptick... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally. The company provides Biktarvy, Genvoya, Descovy, Odefsey, Truvada, Complera/ Eviplera, Stribild, Sunlencs, and Atripla products for the treatment of HIV/AIDS; Veklury, an injection for intravenous use, for the treatment of COVID-19; and Epclusa, Harvoni, Vemlidy, and Viread for the treatment of viral hepatitis. It also offers Yescarta, Tecartus, and Trodelvy products for the treatment of oncology; Letairis, an oral formulation for the treatment of pulmonary arterial hypertension; and AmBisome, a liposomal formulation for the treatment of serious invasive fungal infections. The company has collaboration agreements with Arcus Biosciences, Inc.; Merck Sharp & Dohme Corp.; Pionyr Immunotherapeutics Inc.; Tizona Therapeutics, Inc.; Galapagos NV; Janssen Sciences Ireland Unlimited Company; Japan Tobacco, Inc.; Dragonfly Therapeutics, Inc.; Arcellx, Inc.; Everest Medicines; Merck & Co, Inc.; Tentarix Biotherapeutics Inc.; and Assembly Biosciences, Inc. It also has research collaboration, option, and license agreement with Merus N.V. for the discovery of novel dual tumor-associated antigens (TAA) targeting trispecific antibodies. The company was incorporated in 1987 and is headquartered in Foster City, California. | Should I Buy Gilead Sciences Stock? GILD Pros and Cons Explained
These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Gilead Sciences was last updated on Tuesday, January 14, 2025 at 6:59 PM.
Pros-
Recent analyst upgrades have boosted confidence in Gilead Sciences, Inc., with firms like Oppenheimer raising their price target to $115.00, indicating strong potential for growth.
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The current stock price is approximately $91.39, which may present a buying opportunity for investors looking to enter at a favorable valuation.
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Gilead Sciences, Inc. has a diverse portfolio of biopharmaceutical products addressing unmet medical needs, which can lead to sustained revenue growth.
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Insider selling has been relatively modest, with insiders owning only 0.16% of the company, suggesting that there may not be significant concerns about the company's future performance.
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The company has received a consensus rating of "Moderate Buy" from analysts, reflecting overall positive sentiment in the market.
Cons-
Insider sales totaled 455,734 shares valued at over $42 million in the last ninety days, which could signal a lack of confidence among executives regarding the stock's future performance.
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Despite recent upgrades, the stock has faced volatility, which may deter risk-averse investors looking for stable investments.
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With twelve analysts rating the stock as a hold, there may be concerns about the company's ability to outperform the market in the near term.
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Gilead Sciences, Inc. operates in a highly competitive biopharmaceutical industry, which can impact its market share and profitability.
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The company's relatively low insider ownership (0.16%) may indicate a lack of alignment between management and shareholder interests.
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