A month-and-a-half ago, Congress passed the historic healthcare bill. The bill will ultimately change the healthcare system so Americans can afford proper treatment.
Whether you agree or disagree with the bill is not what this article is about. I am here to talk to you regarding the opportunity to make money off this reform. Though many companies will be shelling out significant amounts of cash in order to meet the requirements of the bill, some will see a boost in sales because of this bill.
The bill will increase sales for drug makers such as Pfizer(NYSE:PFE), Merck(NYSE:MRK), and Bristol-Myers Squibb(NYSE:BMY). These companies combined make up more than 60% of the total sales for the pharmaceutical industry. With the passage of the healthcare bill, they will see an increase in sales.
Pfizer is a household name and has many popular drugs such as Celebrex(Arthritis), Lipitor(Cholesterol), and Xanax(Anxiety). Many Americans will be able to afford these drugs. Now these stocks could appreciate in the years to come. They are already performing well and each pays a hefty dividend. (These recommendations are made assuming that these companies will be able to cover the cost of healthcare for their own employees as well). As always do your own research before trading securities. Good Luck and Happy Trading!
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