“Other companies positioned to profit are the diversified pharma companies that own consumer products divisions — including Johnson & Johnson and Pfizer,” said Eade.
Miller Tabak Health Care Transformation Fund Manager Les Funtleyder shares the same view.
“We kind of had for drug companies not a great cold and flu season, because the weather was so wrong for it. But, we’ll make it back on the allergies,” said Les Funtleyder.
Merck, Johnson & Johnson, Sanofi and Pfizer make a big portion of the allergy drugs in the market — both prescription and over-the-counter. Of those, Funtleyder believes Merck, the maker of the antihistamine Claritan and nasal spray Afrin, will be the biggest winner.
Bottom line: You may not be breathing easier, but the world’s biggest pharmaceutical companies will be, this spring.
________________Disclosure: Miller Tabak Health Care Transformation Fund owns shares Of Merck and Johnson & Johnson.
Stephanie is Squawk Box producer. Follow her on twitter @StephLandsman
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