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Jim Cramer Return Risk +2.19% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed GILD 11/09/09 +0.18% -- AET 11/09/09 -2.52% -- CI 11/09/09 +4.54% -- ABT 11/09/09 +4.35% -- HUM 11/09/09 -1.00% -- WLP 11/09/09 +3.39% -- SYK 11/09/09 +8.26% -- CELG 11/09/09 +6.48% -- Via BloggingStocks:   Filed under: Market matters, Abbott Laboratories (ABT), Aetna Inc (AET), CIGNA Corp (CI), Gilead Sciences (GILD), Stocks to Buy, Cramer on BloggingStocks From TheStreet.com Network Ariad Upgraded, Xenoport Drug Delayed: BioBuzz Holiday Deals Heat Up at Big Retailers TheStreet.com's Jim Cramer says the Senate is filled with more-savvy politicians, and the upside for beaten-down names is huge. Nancy Pelosi has now said her piece. The most unpopular Speaker of the House in the history of Wall Street has gotten her precious health care legislation through the House after ramming through a stimulus package that had far too little infrastructure and far too much pay raise for municipal and state workers, the most powerful interest group in the country. But this time the Senate sees through it, and the politicians -- despite Pelosi's insistence that Tuesday's election went her way -- know better. There are pages after pages after pages in this bill that look threatening. But here's the rub: This bill's public option, the one that is supposed to be a killer to everything health care, should affect no more than 6 million people over a 10-year period, according to the Congressional Budget Office. In order to get 60 votes in the Senate, even that may prove to be too powerful an option. Continue reading Cramer on BloggingStocks: Pelosi can't kill the health care sector Cramer on BloggingStocks: Pelosi can't kill the health care sector originally appeared on BloggingStocks on Mon, 09 Nov 2009 10:10:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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