ASCO Stocks To Consider This Week
By Jessica King Holden:As many interested in the biotech sector are aware, the American Society of Clinical Oncology (ASCO) 2012 annual meeting will take place in Chicago, June 1-5. While the sexier side of this summer's biotech potential may rest with the anti-obesity darlings Vivus (VVUS) and Arena (ARNA), the annual ASCO meeting has been a force to reckon with for nearly 50 years.Past years have seen stocks jump on news from this premier biotech event. Many are quick to point out homerun hits like that of microcap OXiGENE, Inc. (OXGN), which jumped some 200% between May and June 2011 on news from ASCO. Examples like this are extremely speculative in nature and do not often offer long-term gains, but there are a number of more solid options out there. The following companies may offer opportunities for the long-term investor to buy in before any ASCO-related pops.Pharmacyclics Inc. (PCYC) touched itsComplete Story »
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