May 18, 2010

Paulson And Soros Betting On Boston Scientific (BSX)

Boston Scientific Corporation (Public, NYSE:BSX) is one of the largest holdings at Paulson & Co. At the end of the first quarter, his fund was holding 715 mln shares of Boston Scientific Corporation (Public, NYSE:BSX).

According to CNBC, George Soros` fund also increased its stakes in Boston Scientific Corporation (Public, NYSE:BSX) in the first quarter.

The stock is trading near its 52 week low and a multi year low. Is this a great buying opportunity? The stock`s 52 week range is 6.4 - 12.

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