The next step will be to remove the ban on using federal funds to fund stem cell research, reversing eight years of anti-progress policy from the Bush administration. After that, he'll be free to allocate some federal funds for stem cell research, giving these stocks a boost yet again.
It's a little revenue, small cap sector, so be careful. Here's a link to get you started doing more research before investing.

Stem Cell Stock Informer
Disclosure: I'm currently long GERN, STEM, CYTX



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