MRX - Medicis Pharmaceutical Corp (NYSE) Chart is stochastically oversold, share price riding the bottom bollinger band and below both the 9 day and 18 day SMAs. ADX is trending positive supporting a strong buy sign!
All healthcare stocks are of interest to long term investors since it doesn't take a genius to figure out that as a large segemnt of the population (the baby boomers) begin to age that there will be increased spending in this area over the next two decades. The trick is to figure out which companies will be the ones to benefit the most from this trend. The large pharmas are obvious but they already have large market caps and thus will have a more difficult time posting large percentage growth figures.
Soooooo, which of the small and medium size companies will benefit the most?
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