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GlaxoSmithKline: Turnaround in Progress?

publication date: Oct 11, 2018
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Image Shown: GlaxoSmithKline's share price performance since late 2017.

GlaxoSmithKline may be poised to enter an earnings trough if generic competition is successful in providing a replacement for key product Advair, but management is working to right the ship. The company’s dividend yield is compelling, but its success will ultimately depend on the progress of its clinical pipeline.


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