Another Stock Pick for 2009

Pay no mind to the optimism from today's market leap. The Dow Jones Industrial Average is just a sampling of 30 companies from different sectors in the market, giving an easily quantifiable stock market indicator. A more accurate indicator of the state of the economy can be found in the LIBOR unit, or the London Interbank Offered Rate.

Another financial sector that shows promise for 2009 is Healthcare. Politics aside, the health care industry is in need of a massive overhaul. Malpractice suits and insurance premiums are sucking the blood out of Americans, not to mention the obesity epidemic and prescription drugs.

I am recommending this sector as an industry to watch in 2009. The industry as a whole is still ahead of the curve--it has lost less than the S & P 500--but is still off almost 25% from its peak growth in 2007. This industry will also reap benefits brought on with the coming election, no matter which candidate wins.

Pfizer Inc. (Public, NYSE:PFE)

Pfizer is a well-known company, and is ripe for the picking. Stocks are at almost $17 a share.

Merck & Co., Inc. (Public, NYSE:MRK)

Merk is another well-known druggist offering solid dividends and rings in at $29.00 a share.

And finally, Medical Equipment and Supplies. This sector would most certainly benefit from a nationalization of the health care industry, as machines make comprehensive care quicker and easier if there will be millions lined up for subsidized care.

Do your homework!