Daily Archives: May 19, 2016

Valeant (VRX) Stock Purchase – a bad company can make a good investment

Late last evening, I decided to press the buy button and got myself 5 shares of Valeant(NYSE: VRX) at $26 a piece. Purchasing Valeant may seem like a strange choice baring in mind that I consider myself to be a dividend growth investor and Valeant pays no dividends to its shareholders. Furthermore, Valeant has been in free fall over the past 12 month due to accounting malpractices and we all know the adage about never catching a falling knife. Though Valeant may not come across as my ideal stock or may not even appear on my stock screen, I believe that the stock has been battered so much by all […]