michael pearson, thank you for coming down here and joining us.ving me. >> let's check what is on deck for the alley day. john force is here with a preview of the next hour on cnbc. >> yes. the nasdaq is 1 plus percent. which brings back memories about how many memories. apple topping 130 bucks during today's trade. that's an all-time high. what comes next? what is not as an all-time high. oscar ratings were at a four-year low. we'll take a look at why coming up on "squawk alley." say you're a finance guy. a farmer. a researcher. you used to depend on experience. the internet. your gut. today you can use ibm watson analytics. it can make sense of all kinds of data. uncover hidden correlations and new opportunities. and give recommendations with more confidence on who will buy. what to make. where to plant. which helps you make smarter decisions. there's a new way to work and it's made with ibm. anything worth pursuing requires knowledge, hard work and a plan. at baird, we approach your wealth management strategy the same way to create a financial

the ceo of michael pearson feels confident that they will be scrubbed clean. they have an advantage tax structure that magnifies earnings the way american companies can get disproportional returns. they are build on deals. some would say that slashing r and d. i am kind of mesmerized here. break -- this has been the hottest drug company in the business. the stock went out at $200 today. and i think this could trade to 240 from here. especially if they get that drug approved. approved approved 240, it's not a pipe dream. it could be realty. let's go to joseph. >> caller: thank you for all you do for us and also your staff. i watch your show every day. you're entertaining and informative show. >> thank you. >> caller: and so i don't miss a thing, i tape it also. my stack is horizon form suit pharmaceutical, it had a recent price jump and i would like to know if you would recommend more to buy at this point? >> you know we are kind of amazed by these guys really are. and we think the world of them and i have to tell them my take is it's not on done. i think you c