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Valeant Is Having a Healthy Run

What a phenomenal run its CEO has given to shareholders of the company.

Valeant is a $37 billion, large-cap, multinational pharmaceutical company headquartered in Montreal. It develops and markets prescription brands, branded generics, and over-the-counter consumer products. Currently Valeant has several drugs in their pipeline, including drugs to treat epilepsy and dermatological and ophthalmological issues.


That sounds great. But the real story is in the stock performance.

Data from Best Stocks Now App

Over the last 10 years Valeant has delivered 24% per year to investors, while the market has delivered only 5%. And over the last five years, Valeant was one of the top-performing stocks in the entire market, with 69% returns per year to investors -- more than quadruple the market return of 14%. For the last 12 months, the stock is up 88%. Again it's more than tripled and even almost quadrupled the returns of the market.

Lest you accuse me of being a momentum investor, half of my purchase formula is valuation. I don't like buying stocks that are at or near new highs. But I am a big believer in performance. I like to buy the best-performing stocks in the market. Sorry, Pfizer and Lilly. Hello, Valeant.


A stock must also meet my valuation criteria, which VRX passes. I currently have a five year target price of $205 on the share.

Data from Best Stocks Now App

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