Fast Money Traders Share Their Biotech Picks

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On CNBC's Fast Money Final Trade, Tim Seymour said that Gilead Sciences, Inc. GILD looks cheap at 7 times price-to-earnings multiple. He sees it as a relative value and the best way to play the sector.

Steve Grasso would buy iShares NASDAQ Biotechnology Index (ETF) IBB and Pfizer Inc. PFE.

Guy Adami said IBB bounced off $240 on Monday, and now he believes that the risk reward sets up really well for the stock. He added that politicians haven't been talking about biotech companies for a couple of weeks.

Posted In: CNBCLong IdeasFast MoneyMediaTrading IdeasGuy AdamiSteve GrassoTim Seymour
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