I think cord blood/ stem cell surely has a great future in bettering the quality of life in the terminally ill to curing many if not all medical issues. The cause and effect is boundless if you think about the origin of life and growth/farming body organs the possibilities are endless.
Now on to the FEAR, the biggest fear I have is all the pharmaceutical companies will pay off Obama and everyone else on capitol hill to not fund such a venture. Think about it.... Those companies feed the greed that only Capitol hill
As for beauty stocks??? I am willing to bet in 10 years stem cell will cure everything from acne to male pattern baldness (yipeee) guess who is bald.
Sorry for my gramma (grammar) its the Boston accent!