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Gilead Sciences Hits New High

One of my favorite Blue Chip Growth stocks, Gilead Sciences (GILD), just broke out to a new all-time high. Since I first recommended the stock two years ago, the shares are up over 64%.

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Gilead wasn't always such a big winner for us. As you can see from the chart above, the stock dropped 15% on us almost immediately. Fortunately, we held on.

The company is due to report earnings in about two or three weeks. I'm expecting another strong report. The company has beaten Wall Street's expectations for the last several quarters. Gilead continues to be a strong buy.