Pharma sector is buy under depressed valuations due to USFDA over hang

Pharma sector is suffering under USFDA overhang.Valutaions has gone down.This may be good opprtunity for value hunters. Basket buying may work, means bet on top four compnies ,atleast two or three may come out of overhang one by one slowly.Top compnies are always buy in bad times.Good times and Good prices will never come together. Those who are already invested can hang on but those dont have pharma in portfolio can take exposure slowly.Not recommendation but Just for discussion.

 

100% Agreed. Stocks are high quality with good demand, cash flow, low debt/ debt free, excellent management. Basket of stocks is best strategy. Mid-cap stocks like JB Chem, Ajanta, Alembic, Shilpa are best IMHO