In the Time of Need

Good day all. This is my first blog and it comes at a perfect time. Amidst the drastic ups and downs of the market over the past few months, one looks for a more stable sector to invest. That sector is bio-pharmaceuticals as well as small pharmaceutical research and development companies. What makes these companies safe is their inability to be influenced by foreign markets or even a declining Dow. They are influenced by their own developments, emerging research and breakthroughs. The only downside is that these companies tend to have larger betas and one bad report can make or break the company. What I did was use yahoo stock screener and set limits for a lower beta, a lower P/E ratio and analyst opinions between 1 and 2 (strong buy and hold). From the list that results choose the best company based on balance sheets and recent news. Recently I chose Aeterna Zentaris (AEZS) from that list and am up 4.6%. On a side note, companies dealing with cancer research and treatments tend to do better than others.
Hope this information treats you well.