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Biotech / Medical : 2011 Biotech Charity Contest

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To: The Dodgy Ticker who wrote (39)1/1/2011 2:58:59 AM
From: technetium   of 400
 
Yahoo gives "Biotech" under industry for AMGN and GILD, but "Drug manufacturers--major" for ABT and MRK

As far as I can tell the distinction between "biotech" and "pharma" is whether they trade on the NASDAQ (i.e., four letter tickers) versus the NYSE (three letter tickers.)

I'll ignore the AMEX, as they're good for ETFs, but not where you want to see a biotech traded.

This contest favors those who knock the ball out of the park and score with bases loaded. The flip side is striking out and retiring the side, rather than advance on singles.

The former favors small cap biotechs over large cap, especially when companies like AMGN do so well for so long you don't expect a huge spike in stock price.

Many biotechs are expensive, so steady growth earners with sedate positive returns look good in 2011, so pick now and sit tight until next year.
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