This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Jim Cramer's Action Alerts PLUS

Actavis Added to Citigroup's U.S. Focus List

By Jim Cramer and Jack Mohr | 05/28/15 - 02:59 PM EDT
Stocks in Focus: ACT

This morning, analysts at Citigroup added Actavis (ACT:NYSE) to their U.S. Focus List (which includes the firm's highest conviction ideas) on the belief that the company’s attractive near to medium-term organic growth profile is not reflected in current valuation levels. Citi forecasts high single-digit top-line organic growth through 2018, on average, driven by core franchises.

Citi anticipates investor focus in specialty pharma to increasingly shift towards those companies (like Actavis) with the ability to execute on long-term, profitable growth.

The firm also believes there is opportunity for a re-rating in ACT over the next six to 12 months, driven by a successful integration of the Allergan (AGN:NYSE) acquisition resulting in above-consensus financial results and incremental pipeline wins.

In the near-term, Actavis' M&A activities will likely focus on pipeline and/or product deals aimed at preserving and/or augmenting its market-leading position in core franchises.

We wholeheartedly agree with Citi's analysis, and even after the recent rally, see material upside to shares. Our target remains $350.

Regards,

Jim Cramer, Portfolio Manager & Jack Mohr, Director of Research - Action Alerts PLUS

DISCLOSURE: At the time of publication, Action Alerts PLUS was long ACT.

Opening One Position, Closing Another
Stocks in Focus: OXY, KMI

We're selling all of Kinder Morgan to get into Occidental Petroleum.

05/28/15 - 01:29 PM EDT
FDA Approval of Viberzi Is Bullish for Actavis
Stocks in Focus: ACT

The new drug complements the company's offer in the field.

05/28/15 - 10:10 AM EDT
Weekly Roundup

We added two new positions to the portfolio this week as the S&P 500 moved slightly higher.

05/22/15 - 06:00 PM EDT

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community

Special Subscription Bundles

Want more than one service?
Sign up to one of our packaged services and take advantage of amazing savings!

Portfolio Plus Real Money Pro
Portfolio
Chairman's Club
Action Alerts PLUS checkmark | Portfolio Plus checkmark | Real Money Pro Portfolio checkmark | Chairman's Club
Stocks Under $10 checkmark | Portfolio Plus checkmark | Real Money Pro Portfolio checkmark | Chairman's Club
Growth Seeker checkmark | Portfolio Plus checkmark | Real Money Pro Portfolio checkmark | Chairman's Club
Dividend Stock
Advisor
checkmark | Portfolio Plus checkmark | Real Money Pro Portfolio checkmark | Chairman's Club
TheStreet
Quant Ratings
checkmark | Portfolio Plus checkmark | Real Money Pro Portfolio checkmark | Chairman's Club
Real Money checkmark | Real Money Pro Portfolio checkmark | Chairman's Club
Real Money Pro checkmark | Real Money Pro Portfolio checkmark | Chairman's Club
Trifecta Stocks checkmark | Chairman's Club
Action Alerts
OPTIONS
checkmark | Chairman's Club
Options Profits checkmark | Chairman's Club
Daily Swing Trade checkmark | Chairman's Club
Top Stocks checkmark | Chairman's Club
Quarterly Call
with Jim Cramer
checkmark | Chairman's Club
Started Now Started Now Started Now

Markets

DOW 18,126.12 -36.87 -0.20%
S&P 500 2,120.79 -2.69 -0.13%
NASDAQ 5,097.9760 -8.6170 -0.17%

Action Alerts PLUS Holdings

Stocks we would buy right now

Symbol % Portfolio
Weighting
Industry Trade Now
ACT 4.49% Drugs
CSCO 3.09% Computer Hardware
EOG 4.27% Energy
ESRX 1.02% Health Services
ETP 3.68% Energy
GOOGL 3.18% Internet
HON 4.45% Industrial
HOT 3.86% Leisure
JNJ 2.32% Drugs
MMM 3.70% Industrial
OXY 2.68% Energy
TGT 5.21% Retail
TMO 4.73% Health Services
WBA 2.47% Retail
WFC 6.46% Banking
WWAV 4.84% Food & Beverage

Stocks we would buy on a pullback

Symbol % Portfolio
Weighting
Industry Trade Now
AAPL 4.14% Consumer Durables
DOW 3.46% Chemicals
FB 3.99% Internet
FOXA 2.86% Media
HYH 4.93% Health Services
MA 3.38% Financial Services
MS 2.74% Financial Services
SBUX 1.98% Leisure
SLB 3.12% Energy
TWTR 1.97% Internet

Stocks we would sell on strength

Symbol % Portfolio
Weighting
Industry Trade Now
ETN 1.67% Industrial
GM 2.23% Automotive