A Sleeper Among Overbought Biotech Stocks?

Glucose Health, Inc. (OTC Pink: GLUC) just announced unprecedented consumer demand and 2nd quarter fiscal 2020 sales.

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In the biotech sector the top ETF’s according to InvestingNews.com are: 

iShares NASDAQ Biotechnology ETF (NASDAQ: IBB)

SPDR S&P Biotech ETF (ARCA: XBI)

First Trust Amex Biotechnology Index (ARCA: FBT)

Direxion Daily S&P Biotech Bull 3x Shares (ARCA: LABU)

Laid on top of each other, the charts of each of these ETF tell a similar story. Bottoming out in mid-March, breaking their 2019 highs in mid-July, and now in a consolidation phase but looking lower for the past 5 weeks.  

One thing these ETFs all have in common besides their charts is the fact that their recent surge depends heavily on a Covid-19 vaccine. Forbes discussed 5 stocks that are “a safe bet on a future covid-19 vaccine”.  But, according to Fortune, China just issued its first Covid vaccine patent and Russia has also announced a vaccine.  As a consequence, the future for many of these vaccine related stock gains is looking increasingly uncertain.

AstraZeneca (NYSE: AZN) is working in collaboration with Oxford University in the UK that developed one of the most promising Covid-19 vaccines.

Pfizer (NYSE: PFE) On July 22, Pfizer and BioNTec (NASDAQ: BNTX) received a $1.95 billion government order for 100 million Covid-19 vaccine doses –  IF it receives FDA approval.

Merck (NYSE: MRK) is also a leading producer of vaccines that are used worldwide. The list includes inoculations for measles, mumps, rubella, shingles, gastroenteritis, pneumococcal diseases, rotavirus, and others.

Johnson & Johnson (NYSE: JNJ) On the downside, JNJ is being sued by people who allege that the company’s baby powder and other talcum products can cause cancer but is clear from looking at JNJ’s stock chart that Wall Street is not particularly nervous about the lawsuits.

Moderna (MRNA) is a biotechnology company that is also working to develop a Covid-19 vaccine. One product is currently in clinical trials and is showing impressive results.

This is not to say that biotech stocks are not a good investment.  They are for the long term, but the recent vaccine stock run-up may indeed prove short-lived.

Alternatively, take a look at Glucose Health, Inc. (OTC Pink: GLUC).  Glucose Health manufacturers nutritional beverages for the diabetic-adult nutrition category under the registered trademark GLUCODOWN®. 

Glucose Health, Inc. is an under-the-radar company whose GLUCODOWN® products are found in major national pharmacy chains including Walmart (NYSE: WMT), CVS Health (NYSE: CVS) and even online at Amazon.com (NASDAQ: AMZN) yet is still trading below a $20 million valuation. 

Glucose GLUC

The company’s flagship product GLUCODOWN® is infused with a special form of diabetic fiber demonstrated in more than 20 clinical studies to help maintain glucose (blood sugar) levels in a normal healthy range.

Glucose Health, Inc. (OTC Pink: GLUC) just announced unprecedented consumer demand and 2nd quarter fiscal 2020 sales. 2nd quarter fiscal 2020 revenues increased 186% compared to the 2nd quarter of fiscal 2019 – Q2 2020 revenues were just $7,140 short of tripling 2nd quarter 2019 revenues.

What are the revenues of this company going to look like when the latest Glucose Health, Inc. (OTC Pink: GLUC) numbers are reported for Q3 and Q4?

Over the past 12 months, GLUC has seen a range of approximately $.20 – $1.90 per share and with only 12.5 million shares outstanding, GLUC could be the best value in the diabetic nutrition/medical foods space and should be on everybody’s watch list. 

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