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Ticker Shock: Take Two Takes a Hit


Wednesday's top stories and stocks with potential to move.

Siemens (SI):
UBS nudged up its rating from Sell to Neutral.

My two cents:

1. I see Siemens doing well long haul, which is why I'd ponder nibbling.

2. You've also got a reasonable price-to-expected earnings multiple here, and a decent dividend history.

3. Estimates have been moving up over the last couple of months.

4. Being the miser I am, I'd be even a bit more bullish if the stock was in the mid $70s.

Biogen (BIIB):
It appears that Bank of America/Merrill slapped an Underperform rating on this company.

My thoughts:

1. I respectfully disagree with the rating and feel the stock has some solid potential. After all, the company is expected to kick out pretty impressive earnings this year and next.

2. It's clearly a good name. It's also trading (somewhat) near its 52- week high. And if it can punch through and make a new high, it could have some legs.

3. The shares would be more fairly valued in the low $60s.

Have a great day!
No positions in stocks mentioned.

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