Fast Money's Biotech Stock Trades
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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?

symbol name last price % change open
  • +
  • AZN
    Astrazeneca Plc A
  • $45.25
  • -0.33%
  • $45.36

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.

People owning AZN also tend to own: ATVIGMEAEPBACBLSDETR

TheStreet.com Rating: No Rating What is this?

  • +
  • DGX
    Quest Diagnostc
  • $58.85
  • +0.10%
  • $58.55

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.

People owning DGX also tend to own: ABTEPDFMDGSKJNJJOSBJTX

TheStreet.com Rating: B+ What is this?

  • +
  • AMGN
    Amgen Inc.
  • $56.80
  • +0.98%
  • $56.28

"I’ve got my eye on Amgen [AMGN] because they have as many as 5 blockbuster drugs in the pipeline," Najarian said.

People owning AMGN also tend to own: APABACCCOPCVXDOWDRE

TheStreet.com Rating: B What is this?

  • +
  • JNJ
    Johnson And Johns
  • $63.18
  • +0.78%
  • $62.93

Najarian also said keep an eye on Johnson & Johnson(JNJ), Novartis(NVS) and Myriad Genetics(MYGN).

People owning JNJ also tend to own: AAAIGIBMINTCJPMKOMSFT

TheStreet.com Rating: B What is this?

  • +
  • NVS
    Novartis Ag Ads
  • $55.30
  • +1.00%
  • $55.23

Najarian also said keep an eye on Johnson & Johnson(JNJ), Novartis(NVS) and Myriad Genetics(MYGN).

People owning NVS also tend to own: ANNAUYBACBHIERICFGE

TheStreet.com Rating: B What is this?

  • +
  • MYGN
    Myriad Genetics
  • $23.68
  • 0.00%
  • $N/A

Najarian also said keep an eye on Johnson & Johnson(JNJ), Novartis(NVS) and Myriad Genetics(MYGN).

People owning MYGN also tend to own: ABTACLAETALXNBAXBDXBIIB

TheStreet.com Rating: B- What is this?

  • +
  • CELG
    Celgene Corporati
  • $55.37
  • -0.50%
  • $55.66

Don’t forget Celegene [CELG], adds Guy Adami. They have no debt and a great balance sheet.

People owning CELG also tend to own: ACLALXNBMRNCVHCVSESRXGENZ

TheStreet.com Rating: B- What is this?

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