Pharma Stocks Get Hit As Biden Weighs In… Plus Tesla’s Delivery Beat 7/2/24
CNBC's "Fast Money"
00:00
Evaluation of Pharma Stocks and Market Trends in Healthcare Sector
This chapter evaluates pharmaceutical stocks like Novo and Lily in comparison to AI stocks, discussing their high earnings multiples and concerns about competition. It also highlights weaknesses in the retail space with drops in companies such as Nike, Chipotle, Dicks, and Starbucks, as XLV and IBB do not participate in the market rally.
Play episode from 20:26
Transcript
