Monday, January 31, 2011

Back In Perrigo

I got back into Perrigo Company (Ticker: PRGO) today at $71.89. This is one of the largest manufacturers of store brand OTC products and infant formulas. The trend is there for this company to continue to take market share from the branded products. A good example is the recent recall from J&J, which really questions the quality of the branded products. This company will do well as it presents a compelling alternative as in lower prices for consumers. I used to avoid the store brand products, but not anymore… I like this stock on both the fundamental and technical basis.


Just sold Perrigo at $72.07...


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