In recent weeks, pharma plays like Valeant Pharmaceuticals (NYSE:) and Teva Pharma Industries (NYSE:) have surged. Valeant is up almost 100% since October and Teva is up nearly 50%. In other words, pharma has become a hot sector as Trump’s corporate tax cuts near finalization.
One pharma stock that is lagging but has a gorgeous bull flag is Endo International (NASDAQ:). Endo is on my watch list and if its bull flag breaks out, pushing price over $7.75, it will be a strong buy with major upside potential to $10.65.