Wednesday, May 18, 2011

Mylan Labs: Undervalued as Market Cycles to Defensive Mode

Bret Jensen submits:
Monday?s market was very interesting. Both the Dow and S&P showed minor losses, with the tech laden Nasdaq notching a more significant selloff. Even as the market has churned over the last month or so, with the S&P up roughly two percent over the last thirty days, the undercurrents underneath seem to be changing. The market is rotating out of high beta stocks and into the defensive sectors such as healthcare. To demonstrate the beginnings of this rotation, look at the high beta stocks I profiled as overvalued in ?These Cramer Favorites should be S.O.L.D?
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Taryn Manning Nikki Cox Carla Gugino Ana Hickmann Mischa Barton

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