Keep an eye on Genenech (DNA), counsels Huckman. If you're willing to take a risk on data, the results on Avastin are due soon. If they're strong the stock could go to $100 and maybe even put it out of Roche’s reach in their acquisition attempt.

And also keep an eye on Dendreon (DNDN), for their results on prostate cancer, he counsels.

Obama has also pledged to immediately make investments to computerize all US medical records within five years while protecting individuals' privacy. And one company positioned to profit from this sea change is Athenahealth (ATHN).

Obama's healthcare plan, outlined Thursday, calls for lowering Medicare payments to private insurers, allowing consumers to buy cheaper medicines from overseas and preventing drug companies from making deals that block generic competition.It seems like an extreme reaction in the HMOs, says Karen Finerman. I think Aetna (AET), UnitedHealth (UNH) and WellPoint (WLP) are all cheap on the news.

Obama's healthcare plan, outlined Thursday, calls for lowering Medicare payments to private insurers, allowing consumers to buy cheaper medicines from overseas and preventing drug companies from making deals that block generic competition.It seems like an extreme reaction in the HMOs, says Karen Finerman. I think Aetna (AET), UnitedHealth (UNH) and WellPoint (WLP) are all cheap on the news.

Obama's healthcare plan, outlined Thursday, calls for lowering Medicare payments to private insurers, allowing consumers to buy cheaper medicines from overseas and preventing drug companies from making deals that block generic competition.It seems like an extreme reaction in the HMOs, says Karen Finerman. I think Aetna (AET), UnitedHealth (UNH) and WellPoint (WLP) are all cheap on the news.