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>Stocks to Buy with Swine Flu Outbreak

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The market is opening significantly lower Monday morning as health officials work to contain a spreading swine flu outbreak. Traders are looking to biotechnology stocks to gain ground ahead of a major demand in vaccines. One of T3Live’s top traders Mike Lee says, “The biotechnology stocks are a classic ‘spec’ (speculative) play because right now we can take advantage of the fear and panic people have out there.” Some symbols to watch are, “NVAX, BCRX, QDEL, SVA, and GSK.

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Written by t3live

April 27, 2009 at 1:19 pm