Cramer sees biotech stocks as a refuge in the coronavirus-driven market plunge

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

'I look at these drug companies and I think, 'Wouldn't that be a great place to go if the market really falls apart?'' CNBC's Jim Cramer said.

CNBC's Jim Cramer said investors who are trying to navigate Monday's global stock market sell-off should look to drug companies.

"I look at these drug companies and I think, 'Wouldn't that be a great place to go if the market really falls apart?'" the "Mad Money" host said.A Gilead Sciences office is shown in Foster City, California, U.S. May 1, 2018.said investors who are trying to navigate Monday's global stock market sell-off should look to drug companies.

"I look at these drug companies and I think, 'Wouldn't that be a great place to go if the market really falls apart?' " Cramer said on "

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Flight to safety doesn’t usually involve the most speculative sector of the markets.

If there were an outbreak of CoronaVirus in the US cash is king probably be your theme, too late then... big losses before Cash is King? Lol

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market live updates: Dow futures down 770, airlines slide, Apple dropsStock market live updates: Gold futures gained more than 2% to around $1,680 per ounce, reaching its highest level since Jan. 23, 2013. top
Source: CNBC - 🏆 12. / 72 Read more »

Global stocks roiled as Italy and South Korea sound coronavirus alarmStock markets around the world are selling off on Monday morning as coronavirus cases spike in Italy, South Korea and the Middle East. Live shot of Larry Kudlow: Ever notice how giddy cnbc gets when the markets are down. They'll trot out the same idiots and do the same stupid interviews. Now this is getting scary
Source: CNBC - 🏆 12. / 72 Read more »

Italian stocks slump 4%, as European equities crumble on spreading coronavirusEuropean stock markets fell sharply open on Monday, with investors gripped by concerns over the spread of the coronavirus, with cases shooting up in South... Join our telegram community for FREE - Signals - Analysis - Education - Trading Tools - Market Updates - News & much more Get instant access at forex forexsignals Down 750 a short while ago - I am thinking the market will try to go for down 1000 by end of the day This isn’t about corona. This is about sanders. If sanders wins, expect a 70% correction.
Source: MarketWatch - 🏆 3. / 97 Read more »

Global Stocks Slump As Coronavirus Cases Surge In Italy And South KoreaStocks markets around the world fell over fears that the coronavirus could go global with a surge in reported cases of the pneumonia-like virus in South Korea and Italy. wow Be safe traveling
Source: Forbes - 🏆 394. / 53 Read more »