The following video is part of our "Motley Fool Conversations" series, in which advisor James Early and senior technology analyst Eric Bleeker discuss topics across the investing world.

In today's edition, James takes a look at the pharma world and keys in on a phrase that should strike fear into any pharma investor's heart: the dreaded "patent cliff." He's particularly weary that AstraZeneca and Eli Lilly, two companies that face looming patent cliffs, might look to ill-conceived deals in coming years. James recommends that pharma investors instead look to both Johnson & Johnson and GlaxoSmithKline.

Eric Bleeker has no positions in the stocks mentioned above. James Early owns shares of Johnson & Johnson. The Motley Fool owns shares of AstraZeneca, GlaxoSmithKline, and Johnson & Johnson. Motley Fool newsletter services recommend GlaxoSmithKline and Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.