Gilead Sciences Inc
GILD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $%m | LOCK|Qxf | LOCK|Jn>YVM |
Gilead's Steady Long-Term Growth Prospects in HIV and Expansion in Oncology Support a Wide Moat
Business Strategy and Outlook
Gilead Sciences generates stellar profit margins with its HIV and hepatitis C virus, or HCV, portfolio, which requires only a small salesforce and inexpensive manufacturing. We think its portfolio and pipeline support a wide moat, but Gilead needs strong continued innovation in HIV, solid oncology launches, and smart future acquisitions to guarantee mid-single-digit growth over our 10-year forecast.
