FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our
"Question of the Day" right now.
TRADER RADAR Which stock should be on your screen? Follow the clues to solve this puzzle.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
EMERGING MONEY TOP 20
Fast Money's index for the world.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
Text Size 
 |
Johnson & Johnson [JNJ
Loading...
()
] posted second-quarter earnings that beat Wall Street expectations on Tuesday, as strong demand for its medical devices and consumer products overshadowed negligible growth of prescription drugs.
Schering-Plough [SGP
Loading...
()
] shares edged up Tuesday after a Lehman Brothers analyst raised his rating to "Buy," saying the drug maker will post better profit and revenue growth than its rivals through 2012.
Also higher sales of Rituxan, a cancer and arthritis treatment, developed jointly by Genentech [DNA
Loading...
()
]and Biogen [BIIB
Loading...
()
] sent shares of both companies surging.
Is healthcare the Band-Aid for the bear market?
"What you’re seeing is a rotation out of the gloom and doom and into areas where investors think the numbers are achievable in 2008,” explains Kris Jenner, T. Rowe Price Health Sciences Fund portfolio manager on Fast Money.
"But as quickly as this phenomenon occurred, it could vanish just as quickly. So I recommend only looking at names with very solid fundamentals.
”I like Gilead [GILD
Loading...
()
] ,” he counsels, “because they dominate in HIV medicine and they have excellent management.”
"I also like Baxter [BAX
Loading...
()
],” says Jenner. “It’s a very steady-Eddie kind of company which I think is still priced reasonably and they have strong growth.”
Check Out These Other Posts |
______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send your e-mail to .
Trader disclosure: On July 15, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (USO), (GS), (INTC), (MSFT), (WMT), (ATVID); Adami Owns (AGU), (C), (BTU), (GS), (INTC), (MSFT), (NUE); Seymour Owns (AAPL), (F), (INTC), (MER), (MSFT), (TSO); Seygem Asset Management Owns (EEM), (VIP); Terranova Owns (YHOO), (INTC), (RIMM),(SU), (VLO), (IYT), (XLF), (LUV), (BNI), (CME), (GOOG), (FCX); Terranova Is Short 30 Year U.S. Bond Futures (Sept.); Terranova Owns Dollar Index Futures (Sept.); Terranova Owns (SA)
Terranova is chief alternatives strategist at Phoenix Investment Partners; Phoenix Investment Partners Owns (IGE), (DBC), (DBV), (RWX), (AMZN), (AAPL), (ABT), (AMD), (ATI), (AW), (BA), (BAC), (BNI), (BSC), (BUD), (C), (CHK), (COH), (COP), (CSX), (CSCO), (CME), (CVX), (DAL), (DNA), (DVN), (FCX), (FNM), (FRE), (GOOG), (GS), (HAL), (HOT), (HES), (IBM), (INTC), (ICE), (JNJ), (JNPR), (JPM), (LEH), (LUV), (M), (MEE), (MON), (MOS), (MS), (MSFT), (NCC), (NUE), (NYX), (NDAQ), (OC), (PBR), (POT), (RBN), (RSG), (RIMM), (SU), (SUN), (SWKS), (TIE), (TSO), (USB), (VLO), (WB), (X), (XOM), (YHOO)
Jenner Owns (MRK), (PFE), (GILD), (WYE), (ELN); T. Rowe Price Health Sciences Fund And T. Rowe Price Own (GILD), (ALXN), (BAX), (BMRN), (JNJ), (SGP), (AMGN), (DNA), (MRK), (PFE), (WYE), (ELN)
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes