Good Medicine: Health-Care Fund Manager Prescribes Merck & Co., Inc. (MRK) (Jobs)
, Schering-Plough Corporation (SGP) (Jobs)
, Applied Biosystems (ABI)
1/21/2007 11:07:56 PM
BOSTON (MarketWatch) -- Pharmaceutical stocks are just what the doctor ordered for the health-care sector fund that Larry Mano co-manages.
"We're trying to maintain a defensive posture," said Mano, who has been involved with running the Schwab Health Care Fund since 2000. "We're waiting to see what's going to happen with the [healthcare] industry and the economy this coming year."
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