Healthcare stock picks from this week's tournament Find out which healthcare stocks TheBull members are targeting in this week's stock picking tournament
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By Staff Journalist | 23.03.2009
The stock picking tournament this week targets healthcare stocks. We've asked you to pinpoint the best performing healthcare stock for the week and your reason why. The winner will be sent a $500 cheque in the mail.
Below we've collated your responses. Biota Holdings was the most popular bet this week, followed by Sigma Pharmaceutical and CSL. Take a look at the reasons why.
And if you forgot to place your vote - remember to read this Thursday's newsletter.
Company Name ASX Code
% Vote
Biota Holdings
BTA 16%
Sigma Pharmaceutical SIP 11%
CSL Limited
CSL 10%
Aevum Limited
AVE 6%
IBA Health Group
IBA 6%
1. Biota Holdings Limited (BTA) - 16%
"I like BTA, it is well funded on a general upcurve and has just completed a successful software application in hospitals in Asia. A recent impressive capital raising and a program to include shareholders should not dilute the share price, the US government's move to shore up public funding for medicine should lead to oportunities in the health services sector."
"Charts indicate this will rise."
"Purely on the chart - of all the Healthcare stocks, Biota is the only one with a good uptrend for the last 2 weeks."
"In a strong uptrend and has a pipline of quality drugs in later stages of gaining approval."
"From a charting perspective, has been increasing steadily of late and looks set to continue rising."
"Trending smoothly. Good momentum. Good market depth. Bulls in control."
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