Cramer expects a sell-off, “maybe even a big one,” if a new health-care bill passes. He also notes a wholesale sell-off if investors see 2011 as the year that profit taxes go through the roof, which I think is highly likely.
“First, it is the single biggest impediment to the stock market going higher. And a [...]
Laggards through the market rally, health-care stocks offer a fine blend of value and growth, says Barron’s Mike Santoli.
Hot Stocks: Pharmaceuticals
Drug companies’ stocks climb Monday after Abbott Laboratories says it will buy the pharmaceutical unit of Solvay for about $7 billion. MarketWatch’s Christopher Hinton reports.
Find who and where to avoid via the Swine Flu Tracker below.
Bullish Sectors – Pharma (NVAX – Novavax, GSK – GlaxoSmithKline, RHHBY.PK – Roche).
Bearish Sectors – Airlines (DAL, UAUA, AMR), Mexico
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