REGN is oversold on the daily, has hit an RSI floor of 35 that held in 2019 as it traded sideways, and is almost touching its 100 week MA.
REGN has YoY has become more and more profitable, and is projected to grow at an annualized 11% over 5 years. My DCF calculations find it undervalued.
This looks like an attractive buy point on a fundamental and technical basis.
Would like to hear other's thoughts.
REGN has YoY has become more and more profitable, and is projected to grow at an annualized 11% over 5 years. My DCF calculations find it undervalued.
This looks like an attractive buy point on a fundamental and technical basis.
Would like to hear other's thoughts.
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