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GSK plc American Depositary Shares (Each representing two) (GSK $48.41)
- $48.41 P/E (TTM): 29.45X Cap: $98.07B
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GSK plc American Depositary Shares (Each representing two) (GSK $48.41)
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- View GSK Profile
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- View GSK Profile
- View Questions on GSK
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GSK plc American Depositary Shares (Each representing two) (GSK $48.41)
- $48.41 P/E (TTM): 29.45X Cap: $98.07B
- View GSK Profile
- View Questions on GSK
Q: Would you recommend to buy, hold, or sell GSK?
I ask on behalf of a relative I help with investing. GSK is currently 1.3% of their portfolio. I had already been thinking of recommending that they sell when the news on June 3 came out:
"Shares of GSK dropped more than 9% on Monday, after a Delaware judge allowed more than 70,000 lawsuits alleging its discontinued heartburn drug Zantac caused cancer, to go forward, in a blow for the British drugmaker."
They are at a 15% loss with their GSK holding (less if you consider dividends), but luckily it is a small part of the portfolio.
I am leaning toward a 'sell recommendation' but am open to counter arguments.
Thanks so much!
I ask on behalf of a relative I help with investing. GSK is currently 1.3% of their portfolio. I had already been thinking of recommending that they sell when the news on June 3 came out:
"Shares of GSK dropped more than 9% on Monday, after a Delaware judge allowed more than 70,000 lawsuits alleging its discontinued heartburn drug Zantac caused cancer, to go forward, in a blow for the British drugmaker."
They are at a 15% loss with their GSK holding (less if you consider dividends), but luckily it is a small part of the portfolio.
I am leaning toward a 'sell recommendation' but am open to counter arguments.
Thanks so much!
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