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Of all escape mechanisms, death is the most efficient.”
- Henry Louis Mencken
The stock of Alexion Therapeutics (ALXN) slipped to under the $100 last week despite a significant Q4 earnings beat. Part of this recent decline is due to the huge hit small and midcap biotech stocks have taken recently as the markets have gone into "risk-off" mode on growing fears the coronavirus in China will spread. The company also offered up conservative guidance in 2020, which Alexion will probably easily step over this year. We revisit this undervalued