Australian (ASX) Stock Market Forum

CSL - CSL Limited

Dr Bourse predicted it cld fall to a low of $223.16 on 27/2/24. I may wait for $180 - $220 to decide. Current market is unpredictable n difficult to work on. Come Monday we may see another Red Sea Day.
 
CSL has dropped to a six-month low as investors fled healthcare stocks after US President-elect Donald Trump named avowed vaccine sceptic Robert F. Kennedy jnr to lead the US Health Department.
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During the COVID-19 pandemic, Kennedy criticised the effectiveness of the Pfizer and Moderna vaccines and their roll-out by the US government, calling it a “crime against humanity”. He has also publicly condemned other public health policies, including the fluoridation of drinking water.
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...Pfizer, Moderna, GSK and Sanofi all fell on news of Mr Kennedy’s nomination late last week. Ozempic manufacturer Novo Nordisk also took a hit, dropping 5.3 per cent.
 
CSL has dropped to a six-month low as investors fled healthcare stocks after US President-elect Donald Trump named avowed vaccine sceptic Robert F. Kennedy jnr to lead the US Health Department.
View attachment 188164

During the COVID-19 pandemic, Kennedy criticised the effectiveness of the Pfizer and Moderna vaccines and their roll-out by the US government, calling it a “crime against humanity”. He has also publicly condemned other public health policies, including the fluoridation of drinking water.
.
...Pfizer, Moderna, GSK and Sanofi all fell on news of Mr Kennedy’s nomination late last week. Ozempic manufacturer Novo Nordisk also took a hit, dropping 5.3 per cent.

I don't think that is entirely correct.

CSL share price has been dropping for the past few months. This article was released in August -

CSL has delivered full-year earnings results that slightly beat expectations on several metrics, but its shares are sinking after operating expenditures came in higher than expected.


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CSL has dropped to a six-month low as investors fled healthcare stocks after US President-elect Donald Trump named avowed vaccine sceptic Robert F. Kennedy jnr to lead the US Health Department.
View attachment 188164

During the COVID-19 pandemic, Kennedy criticised the effectiveness of the Pfizer and Moderna vaccines and their roll-out by the US government, calling it a “crime against humanity”. He has also publicly condemned other public health policies, including the fluoridation of drinking water.
.
...Pfizer, Moderna, GSK and Sanofi all fell on news of Mr Kennedy’s nomination late last week. Ozempic manufacturer Novo Nordisk also took a hit, dropping 5.3 per cent.
Ozempic might have reason to be afraid, Kennedy wants to improve the food and reduce the chemicals fed to the average American.
Not sure about csl, are they into mrna crap?
And if there was a logic, would prevent these supposedly life saving mrna jabs not be a great thing for pharma?
More sickness, more hospital patients..unless...
Off to get my tetanus shot, will check the provider!
 
One of my picks for the CY 2024 tipping comp. CSL is down a bit this month, not helped by Trumps pick for Health. Will be interesting if Kennedy does actually reduce vacinations in the US. In thr meantime CSL slowly reduces

Iggy
 
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