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

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'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 "

 

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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

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