Jim Cramer: These foreign drug stocks are worth betting on over domestics

"If you want big pharma exposure, with fewer headaches related to U.S. politics, you could always buy a well-run foreign drug company," he said, because they are not so dependent on the American market.of the improving presidential prospects of Sen. Elizabeth Warren, D-Mass. They trimmed their holdings in the sector over Warren's uncertain chances of getting lawmakers to pass a national health-care policy that would upend the U.S. health-care system.

The drugmaker also has a number of cancer-fighting products in the pipeline that can contribute to its growth. "I'm even more bullish about GlaxoSmithKline than I was in January," Cramer said. "With the stock selling for less than 14 times earnings, I'm calling it a steal. Plus, [CEO Emma] Walmsley's paying you to wait: 4.8% yield. That's a good investment."

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Wall Street is 'terrified' of Elizabeth Warren — Jim Cramer says buy dips in health-care stocks'I think it's too soon to count out UNH. It's too soon to write off Cigna. These companies are coining money,' Jim Cramer says. Yup go go go re elect trump! Warren must have promised Gates and Buffett favors worth several fortunes.
Source: CNBC - 🏆 12. / 72 Read more »