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St. Jude Medical

Investing lessons from the biotech rout

The Healthcare Model on Covestor had a challenging month in March and into early April, 2014.  As of April 3, 2014, the model while down 6.3% for the prior 30 days. Over a 90-day period, the portfolio is up 11% and, on a  trailing 365 day basis, it's up 44.3% as of April 3, 2014.This portfolio had a good ride with some of the bigger biotech names like Alexion ( ALXN ), Celgene ( CELG ), Biogen Idec ( BIIB ), Illumina ( ILMN ), and Gilead ( GILD ).  Recent biotech purchases like Vanda ( VNDA ), Salix ( SLXP ) also came under intense selling pressure during the month’s now infamous biotech rout .This month tested my manager skills. With some of my top stocks declining, should I stay put or move aside?  Like the Wisconsin Badger’s Frank Kaminsky who learned to pivot to help get his team to the quarter-finals of the NCAA March Madness basketball tournament, I also tried to employ the Wisconsin ‘pivot’ in investing.My first instinct as my leading holdings started breaking down was to sell a...

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  1. St . Jude stock hits record high

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  8. Analysis: Ahead of reform, medical care slowdown hits companies

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  9. St Jude Medical Reports Higher Profit On Lower Costs

    St. Jude Medical Inc.'s (STJ) first-quarter earnings rose 5.2% as lower costs offset weaker sales, while the medical-device maker's core heart-rhythm-management busi...

  10. St . Jude Tops Earnings Estimates

    Earnings HQ: FBN’s Diane Macedo breaks down STJ ’s first-quarter report.

  11. St . Jude Medical 1st-Quarter Profit Rose 5.2% as Lower Costs Offset Revenue Decline

    St. Jude Medical Inc.'s (STJ) first-quarter earnings rose 5.2% as lower costs offset weaker sales while the medical-device maker's core heart-rhythm management busin...

  12. St . Jude Medical Post Higher Quarterly Profit

    Medical device maker St. Jude Medical Inc said on Wednesday its quarterly earnings rose as expenses fell.First-quarter net earnings were $222 million, or 78 cents pe...

  1. Medtronic Earnings Fall on Failed Study Charges

    Medtronic Inc on Tuesday reported lower quarterly net earnings due to charges for the failed clinical study of a treatment being developed for high blood pressure.Th...

  2. St . Jude Medical 4Q earnings

    Earnings HQ: FBN’s Diane Macedo breaks down St . Jude Medical's fourth-quarter earnings report.

  3. Investors Stick With Health Care Stocks

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  4. Health Care Stays Hot as New Year Kicks Off

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  5. S&P Stocks Hitting New Highs

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  6. Lagging Pacemaker Sales Don't Derail St . Jude

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  7. Why are Republicans being blamed?

    Richard Fowler, of The Richard Fowler Show, argues Republicans are to blame for the government shutdown.

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