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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > when will biohealth sector return to favour?
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Post by sunshine7 on Jul 04, 2016 2:19pm

when will biohealth sector return to favour?

Cxr not the only company not being rewarded with historically average multiples. Remember when growing and profitable business got multiples of 15x and more? Heck, the average stock, good and bad, is higher than that! Cxr trading at less than 4x. Has room to go if the shorts start to exit.
Comment by CNInvesting on Jul 04, 2016 2:37pm
Probably not before this fall. We'll have to see how the presidential candidates in the US adress the health debate. Although, with the high probability of no interest rate hikes from the Fed, we could see an increase in the overall US markets including healthcare. Add to that the political madness coming from the UK and it's even more likely. For CXR, I acutally believe the current ...more  
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