Dick Davis Investment Digest (10-23-12)

October 23, 2012

How to Find the Best Biotech Stocks

Written By Chloe Lutts

Chloe Lutts

Have you ever wondered how to find great biotech stocks in a sea of hopeful but high-risk medical small caps? Well, for my latest Dick Davis Digest contributor interview, I interviewed John McCamant, the editor of a top-performing investment newsletter that’s all about finding the best biotech stocks. So if you’d like to add a little high-potential punch to your portfolio, read on for John’s tips on finding biotech stocks that will turn into big winners.

Chloe Lutts: Hi John, thanks for taking the time to talk to us today. Your newsletter, Medical Technology Stock Letter is currently the best-performing investment newsletter tracked by Hulbert Financial Digest for the year-to-date and over the past 12 months, with gains of 71% and 72%, respectively. And this isn’t the first time it’s been at the top of the heap: to what do you credit your success?

John McCamant: A combination of experience and a good market environment can go a long way. We have a combined 50 years in the business, which allows us to identify specific opportunities that others with less experience may not recognize.

CL: That’s a lot of experience. How long has the Medical Technology Stock Letter been published? Has biotech investing changed a lot since then? Is the industry still a good place to invest?   …read more