Jim Cramer Sees Nascent Rally in Biotech Developing
Jim Cramer said he is starting to see the beginnings of what could turn into a rally in the biotech sector.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said he is starting to see the beginnings of what could turn into a rally in the biotech sector and give a lift to shares of Amgen (AMGN) - Get Report . But, Cramer cautions there are several catalysts at play which could prevent a rally from taking hold. On the political front, 'if Hillary Clinton would just knock Sanders out of the race, then the pressure would be off because then she wouldn't feel the need to saber-rattle.'
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
