Aug. 2 at 3:45 PM
$BHC closed up 14% on Friday after also rallying 28.9% on Thursday post earnings. The very interesting part of this was Friday saw more volume than Thursday and both sessions the stock closed near the HOD.
$BHC is a debt story... nearly
$20BIL - but they have been deleveraging and also generate over
$1BIL in FC, not to mention have that
$6BIL $BLCO stake.
One of these days this stock starts to re-rate.
This could be the start of it... or it could be next week, next month, or next year.
But once is starts, will be
$20+(and likely much higher)
one to watch this coming week for confirmation...