In order to reduce the impact of inflation on the US economy, raise more taxes to fight inflation. U.S. President Joe Biden sign a $430 billion “Inflation Reduction
Act” on August 16, 2022.
The following are the three big pharma spin-offs I know of in the past ten years. These three pharmaceutical companies are all world-renowned super pharmaceutical companies
AbbVie’s (ticker: ABBV) parent company, Abbott (ticker: ABT), was founded in 1888 by Wallace C. Abbott.
In section 3-4, page 152 of my book “The Rules of 10 Baggers”, when I discuss the rising star of medical equipment, I use the company ABIOMED as an example.
Johnson & Johnson is a important US listed company
Abbott, the world’s most important medical device and nutritional food supplier, Abbott was founded in 1888 by Wallace C. Abbott. Abbott’s main business is pharmaceuticals (which was spun off into an independent public company AbbVie in 2013, ticker: ABBV), medical devices, and nutritional products,
Stable Dow Component Merck, Merck (ticker: MRK) Since the mid-20th century, Merck, a component of the Dow Jones Index, has been the top pharmaceutical company because Merck spends more on research and development than other companies.
US stocks’ dividend-rich industries and difference from Taiwan
Israel stock market and tech giants, The total GDP of Israel is 311.7 billion U.S. dollars, ranking 35th in the world; but its per capita GDP is as high as 476.02 million U.S. dollars, and Taiwan’s is 327.47 million U.S. dollars (IMF data)
Beyond your imagination of Israel’s strong venture capital and tech strength. The number of Israeli unicorns has soared in the past few years, from one in 2013 to 18 in 2019, and then to 65 in May 2021. In 2019, the number of new creative independent beasts with a valuation of more than 1 billion U.S. dollars