Fast Money's Biotech Stock Trades
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Created by barrons3
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Date updated:11-12-2008
One of the weapons widely used to fight cholesterol might be more powerful than previously believed. Is there a trade here?
-
AZN
Astrazeneca Plc A - $41.16
- -0.89%
- $41.44
CNBC's Mike Huckman joined the traders to discuss a study that showed AstraZeneca's(AZN) Crestor drug cuts the risk of a heart attack in half. Najarian said the news is "unbelievable" for AstraZeneca, because the study had 18,000 patients.
-
DGX
Quest Diagnostc - $49.20
- +1.65%
- $47.98
And CNBC’s Mike Huckman thinks the results will have a substantial ripple effect, creating a significant impact on companies like Quest Diagnostics (DGX) that perform the tests to determine cholesterol levels.
-
AMGN
Amgen Inc. - $58.20
- -0.24%
- $57.83
"I’ve got my eye on Amgen [AMGN] because they have as many as 5 blockbuster drugs in the pipeline," Najarian said.
-
JNJ
Johnson And Johns - $59.13
- -0.94%
- $59.24
Najarian also said keep an eye on Johnson & Johnson(JNJ), Novartis(NVS) and Myriad Genetics(MYGN).
-
NVS
Novartis Ag Ads - $48.70
- +1.04%
- $49.34
Najarian also said keep an eye on Johnson & Johnson(JNJ), Novartis(NVS) and Myriad Genetics(MYGN).
-
MYGN
Myriad Genetics - $68.18
- +0.21%
- $67.01
Najarian also said keep an eye on Johnson & Johnson(JNJ), Novartis(NVS) and Myriad Genetics(MYGN).
-
CELG
Celgene Corporati - $51.50
- +2.04%
- $50.05
Don’t forget Celegene [CELG], adds Guy Adami. They have no debt and a great balance sheet.
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Cramer has been pushing buying p...
01.09.09 | 00:05 AM Asked by
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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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