Shares of Gilead Have Cooled Off: Is Now the Time to Buy?

David Jagielski, The Motley Fool
·4-min read
Shares of Gilead Have Cooled Off: Is Now the Time to Buy?
Shares of Gilead Have Cooled Off: Is Now the Time to Buy?

At the end of April, shares of Gilead Sciences (NASDAQ: GILD) were hovering near their 52-week highs of $85.97. The stock has been falling since then, and it's now trading at just about $76. Year to date, the stock is still up 17%, and well above the 4% decline the S&P 500 has seen during the same period.