Noticed these have taken a hit lately. Do you think they have bottomed out? Obamacare has got to have some folks a little queasy on these. Not much use for R & D when a much bigger slice of the population are destined for death panels.
I have no luck in calling the bottom or timing the market. I look at broad trends. The sector as a whole has been hit. R & D still continues. I just have some up on my radar and will bite when I like what I’m seeing.