×

Could Pharma Surprise To The Upside?

Investors are placing their bets ahead of a string of pharma earnings due both this week and next.

And many are wondering if reports will contain surprises to the upside after Johnson & Johnson beat forecasts helped by surprisingly resilient sales, especially in their consumer products line.

Here's what lies ahead.

Pharma Earnings This Week

Tuesday: Johnson & Johnson
Wednesday: Abbott Labs
Thursday: Biogen, Novartis

Pharma Earnings Next Week

Tuesday: Merck, Shering-Plough
Wednesday: Pfizer, Lilly
Thursday: Bristol Myers Wyeth

Considering the deluge of earnings, what’s the pharma trade? Find out what CNBC’s Mike Huckman has to say. Watch the video now!

______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com 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 fastmoney@cnbc.com.

Trader disclosure: On July 14th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (BTU), (MSFT), (NUE); Seymour Owns (AAPL), (BAC), (GE), (VIP); Terranova Owns (TER), (RIMM), (MSFT), (SUN), (FTO); Najarian Owns (CSCO) Call Spread; Najarian Owns (GE) Calls; Najarian Owns (INTC) Call Spread; Najarian Owns (JNJ) Calls; Najarian Owns (JPM) And Is Short (JPM) Calls; Najarian Owns (MCD) Call Spread; Najarian Owns (MS) Call Spread; Najarian Owns (NVLS) And Is Short (NVLS) Calls; Najarian Owns (STI) Call Spread; Najarian Owns (XLF) Call Spread; Najarian Owns (YHOO) Call Spread

GE Is The Parent Company Of CNBC; NBC Universal Is The Parent Company Of CNBC

Terranova Works For (VRTS); Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.; Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO; Virtus Diversifier PHOLIO Owns (IGE), (DBC), (DBV)

Virtus Investment Partners Owns More Than 1% Of (ABD); Virtus Investment Partners Owns More Than 1% Of (CBL); Virtus Investment Partners Owns More Than 1% Of (CAL); Virtus Investment Partners Owns More Than 1% Of (CLB); Virtus Investment Partners Owns More Than 1% Of (DLR); Virtus Investment Partners Owns More Than 1% Of (EXR); Virtus Investment Partners Owns More Than 1% Of (IGE); Virtus Investment Partners Owns More Than 1% Of (MEE); Virtus Investment Partners Owns More Than 1% Of (DBC); Virtus Investment Partners Owns More Than 1% Of (DBV); Virtus Investment Partners Owns More Than 1% Of (DBA); Virtus Investment Partners Owns More Than 1% Of St Mary Land & Exploration Co; Virtus Investment Partners Owns More Than 1% Of Seagate Tax Refund Rights; Virtus Investment Partners Owns More Than 1% Of (SKT); Virtus Investment Partners Owns More Than 1% Of (TNB); Virtus Investment Partners Owns More Than 1% Of (UA); Virtus Investment Partners Owns More Than 1% Of (WBMD)

For Patrick Wang:
Wedbush Morgan Securities Is A Market Maker In (INTC)
Patrick Wang Has A Long Position In (INTC)

For Patty Edwards:
Edwards Owns (COST), (WMT), (PM), (SH)

For Dani Hughes:
Hughes And Her Clients Own (DIOD), (ITRI), (FTEK)

For Jeffery Harte:
Sandler O'Neill Recvd. Inv. Bank. Comp. From (C) In Past 12 Mos.
Sandler O'Neill Expects To Receive or Seek Inv. Bank. Comp. From (BAC), (JPM), (C) In Next 3 Mos.
(
BAC), (C), (JPM), (MS) Are Clients Of Sandler O'Neill
Sandler O'Neill Has Received Non-Inv. Bank. Comp. From (C), (JPM), (BAC)
(GS) Is A Non-Inv. Bank. Client Of Sandler O'Neill

For Rich Greenfield:
Pali Is A Market Maker In (DTV)