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Stock Picks: 6 Health Care—Stimulus Plays

Wednesday, 29 Apr 2009 | 5:27 PM ET

Investors can benefit from certain health care companies that will be boosted by the stimulus package, said Les Funtleyder, health care strategist of Miller Tabak.

“We’re just looking at fundamentals rather than macro,” he told CNBC. “We’re looking specifically at the genetic analysis space like the Illuminas and Luminexes of the world.”

Funtleyder Likes:

Illumina

UnitedHealth

“We also like the vaccine and diagnostic companies,” said Funtleyder.

Health Care Winners & Losers
A look at the healthcare winners and losers during President Obama's 100 days in office, with Les Funtleyder, of Miller Tabak, and Arthur Henderson, of Jefferies.

Vaccine-Maker Picks:

Novartis

Sanofi-Aventis

GlaxoSmithKline

Luminex

However, he said investors who are worried about risk should avoid the long-term care facilities.

Disclosure:

Funtleyer does not own shares of any of the companies mentioned above.

Disclaimer

  Price   Change %Change
GSK
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ILMN
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LMNX
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NOVN
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SNI
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UNH
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