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Title: Big Pharmas being pounded
Category: Other
Blog Entry: If you were invested in Merck, Schering and Pfizer, you would be singing the blues right now. The former investment darlings of the 1990's are struggling to come up with new blockbuster drugs. Despite their dividend yields and attractive valuations, the trend say that these stocks are going down. Some of these stocks made new 52 week lows, a very negative development.