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Update on Gilead Science - good news
12 Jan 2021 (102 views)

I have a large investment of $104,000 USD in Gilead Science (GILD). It is now showing a loss of 22% or $22,600. I bought this stock when the US and several other governments  approved the remdesivir drug for treatment of covid-19.  

The subsequent reports on this drug was not great. Many investors sold the stock. 

I kept the stock because it has a good dividend yield of 4.31%. However, the price earning ratio is rather high.

I just saw a good news for this stock. The news has not been reflected in the stock price yet. I will monitor the price closely over the next few days.

https://finance.yahoo.com/news/gilead-lifts-2020-guidance-driven-154606062.html
 


Update on Gilead Science - good news
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I have a large investment of $104,000 USD in Gilead Science (GILD). It is now showing a loss of 22% or $22,600. I bought this stock when the US and several other governments  approved the remdesivir drug for treatment of covid-19.  

The subsequent reports on this drug was not great. Many investors sold the stock. 

I kept the stock because it has a good dividend yield of 4.31%. However, the price earning ratio is rather high.

I just saw a good news for this stock. The news has not been reflected in the stock price yet. I will monitor the price closely over the next few days.

https://finance.yahoo.com/news/gilead-lifts-2020-guidance-driven-154606062.html