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Best stocks to buy for the week ending June 13, 2014: Each week our Money Morning experts dish out the latest profit plays and asset-protection moves for our Money Morning Members - all for free.
Last week, Money Morning's best stocks to buy included five biotech picks. Four of them are blazing trails in immuno-oncology - a new category of drugs that draft the body's own immune cells to target multiple cancer types. The market potential here is so huge - as much as $35 billion - that it may be the biotech sector's version of a California Gold Rush.
Our fifth biotech pick has already tripled in value in the last six months, and it's not done yet. Another catalyst is about to send its shares soaring in mid-July, and you'll want to get in before the boom.
Aside from these biotech winners, we covered an exchange-traded fund (ETF) play on the European Central Bank's recent policy changes, the best stock in "unified computing," and a smart gold buy that's trading at a discount.
Here's the full list of our best stocks to buy now...
Money Morning's Best Stocks to Buy Now (Update)
- The American Society of Clinical Oncology (ASCO) meets every spring. The event is attended by some 30,000 people and hosts 4,000 presentations. Investors love ASCO because of the so-called "ASCO Effect" - a surge in cancer-focused biotech stocks that always accompanies the start of this meeting. This year's meeting turned Money Morning Executive Editor William Patalon III on to an important new trend - one that's shaping up as the next big profit opportunity in biotech. It's an emerging field called immuno-oncology, and on Thursday, Patalon highlighted four biotech firms he expects will lead the pack...
- The European Union has been plagued with years of falling inflation and stubbornly high unemployment. And now its central bank is attempting to employ "unconventional" policies to kick-start the economy. Using tactics never tried before, the European Central Bank has just entered uncharted waters. But Money Morning Resource Specialist Peter Krauth noted that if we look at the history, we can see the perfect opportunity to profit. He recommended this ETF - it's up 8.95% year to date and recently set a new all-time high...
Money Morning Members - keep reading. If you aren't already a Money Morning Member, sign up to get the rest of our best stocks to buy list - and you'll get our free guide: The Absolute Beginner's Guide to Trading and Investing