News Formal

Biotech stocks are tracking for their best quarter ever — here's how to play it

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Biotech stocks took a tumble on Monday with the XBI S&P biotech ETF and IBB Nasdaq biotech ETF each falling. One of those is your best bet for a bounce.

Biotech stocks took a tumble on Monday with the XBI S&P biotech ETF and IBB Nasdaq biotech ETF each falling by more than 1 percent.

"If you're playing biotech, you're counting on little companies doing something amazing and hopefully getting bought by a big company," Nadig said on CNBC's"ETF Edge" on Monday."We saw that in the last couple of weeks when Spark Therapeutics got bought by Roche, that was a significant position in XBI. It's barely in IBB."

To Ben Johnson, director of global ETF research at Morningstar, the equal-weighted XBI ETF offers big returns, but volatility in the biotech segment means investors need to have a strong stomach.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Watch now: ETF Edge on the market sell-off, and the Tesla-heavy ETF that's beating the S&P this year
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Biotech stocks are going wild, and these two could be your best bet for a bigger breakoutBiotech is blazing higher. One technician says it should continue to be a healthy trade.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »