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Stock impact report

Jim Cramer on Merck & Co.: “If We're Really Going Into an Oil Shock-Induced Slowdown, I Think This One's Likely an Outperformer”” [Yahoo! Finance]

Merck & Company, Inc. (new) (MRK) 
Last merck & company, inc. (new) earnings: 4/28 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.merck.com/home/default.aspx
Company Research Source: Yahoo! Finance
higher energy costs and economic uncertainty . Cramer was bullish on the stock as he stated: Next, let's check out the daily chart of Merck, which, remember, is a lot based on Keytruda, an amazing oncological drug. Lang says this is another stock with good money flow… Chaikin Money Flow. It's in very bullish territory…. Money managers are happily accumulating the shares. Merck's quietly rallied 39% since the end of October with an intact uptrend and a series of higher highs and higher lows. Not long ago, Merck pulled back below its 50-day moving average, but over the last couple of days, it's broken out again that key level. It's very bullish. Of course, Merck has still pulled back significantly from its February highs. But if you look at the chart, Lang points out that recent sell-offs of about 3 to 8% have been ideal entry points in Merck. And that's exactly what we had this month before the stock caught a bid this week. I want you to wait for the next one. I think that this one Show less Read more
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