Out of AZN (the one Woody kept) or TSCO (the one Woody sold), I'd rather be holding TSCO.
In the case of TSCO, the company is far from the near-death situation that we're being hyped-up to believe, while AZN's drop in profits this year is not unexpected as we all knew they had a patent cliff.
I think that - as in early 2011 - the market has lost interest in defensives and is dumping them at any excuse in order to fund the buying of last- year's bombed-out cyclicals.
