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Stock Charts to Watch: Sanofi (SNY)

SNY stock charts to watch
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The French company Sanofi (SNY) probably isn’t the first name that comes to mind when U.S. investors think about pharmaceutical stocks, but it has quietly put together a nice chart that shows the potential for second-half upside.

At Friday’s close of $52.79, Sanofi stock is 6% from exceeding its all-time high of $55.94. Still, the basis for further upside is in place in the form of a 13 P/E, hefty 3.6% yield, rising estimates and expectations for double-digit growth in 2015.

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