Fast Money's ASCO Biotech Trades
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Created by barrons2
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Date updated:05-29-2008

The biotech sector is anticipating a big weekend for cancer drugs in the ASCO conference. What is the trade?

symbol name last price % change open
  • +
  • IMCL
    Imcl
  • $0.00
  • N/A
  • $N/A

We’re talking about lung cancer, explains CNBC Pharmaceuticals Reporter Mike Huckman. Look for headline-grabbing test results out of ImClone (IMCL).

People owning IMCL also tend to own: CKECECGIFEEC.OBGTRCMLINTCCO.OBWOC

TheStreet.com Rating: B- What is this?

  • +
  • DNA
    Genentech Inc
  • $84.53
  • +0.63%
  • $83.52

Also keep an eye on Genetech (DNA), he says for two reasons 1) because the lung cancer data could have an impact on one of their drugs and Genentech should also deliver news on a breast cancer treatment.

People owning DNA also tend to own: ABTAMGNBDXBMYCAHFRXGENZ

TheStreet.com Rating: B What is this?

  • +
  • LLY
    Lilly Eli Co
  • $38.62
  • -2.40%
  • $39.06

As well as more details from Eli Lilly (LLY) on Alimta, its drug for lung cancer.

People owning LLY also tend to own: CCLXCVSGOOGGSHDJNJ

TheStreet.com Rating: C What is this?

  • +
  • CELG
    Celgene Corporati
  • $51.50
  • +2.04%
  • $50.05

In addition, Celgene (CELG) is another name to watch but keep in mind shares rallied when most of its study results were released two weeks ago.

People owning CELG also tend to own: ACLALXNBMRNCVHCVSESRXGENZ

TheStreet.com Rating: C What is this?

  • +
  • BIIB
    Biogen Idec Inc
  • $46.81
  • +0.73%
  • $46.13

As well as Biogen (BIIB) and Elan (ELN).

People owning BIIB also tend to own: APOLBRK-BDELLELOSLXKSAFMSGTL

TheStreet.com Rating: C+ What is this?

  • +
  • ELN
    Elan Cp Plc Adr
  • $7.59
  • -0.91%
  • $7.85

As well as Biogen (BIIB) and Elan (ELN).

People owning ELN also tend to own: AMGNBWNGIASGITKG.OBBBYHOFFMOT

TheStreet.com Rating: No Rating What is this?

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Q. Cramer has been pushing buying p...
01.09.09 | 00:05 AM Asked by Johnny1205

A. Better prospects out there right
now....could see some serious pain. I
think you could see a rally, but I can
think of many more compelling trades.

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