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CYDY - Gilead Stock: HIV Litigation Presents A Risk To Future Earnings
December, 22 2021 05:20 PM
CytoDyn Inc
Gilead's businesses have numerous struggles, especially its core HIV businesses, which can cost it billions. The company is focused on pivoting away from HIV and toward a growing oncology business, having spent $10s of billions to do so. The company will definitely grow revenue, but there's no guarantee of continued long-term earnings in a difficult business. We view Gilead Sciences as a cautious long opportunity until there's more clarity on litigation. For further details see:
Gilead Stock: HIV Litigation Presents A Risk To Future Earnings
Stock Information
Company Name:
CytoDyn Inc
Stock Symbol:
CYDY
Market:
OTC
Website:
cytodyn.com
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