Has Gilead Finally Bottomed Out?

Gilead (NASDAQ:GILD) has been a bad performer over the last year, but shares are up over the last month, despite the company's first quarter earnings report which saw revenues as well as earnings come in a little below what analysts had expected. The fact that the market did not really react negatively to that earnings miss could be a sign that the tide for Gilead's share price is turning and that we have seen the bottom.