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Ishares Nasdaq BiotechnologyIBBBUYJul 11, 2014Stock price when the opinion was issued
As of Jun 15, 2026. Market Open.
Healthcare sector outlook The sector has had a great bounce since March lows. A good way to play the COVID vaccine race. IBB is the best-known biotech ETF, but he does the XBI, because it's equal-weighted. XBI has had a great bounce. It's a great sector with reasonable valuations. The race for a COVID vaccine is a tailwind, of course. Biotech is a slow-growth area, which benefit from interest rates staying very low for the long term.
Chart shows the trend is upward. Outperforming the market and above its 20 day moving average. Everything looks great on a technical basis. Seasonally, this usually does very well from around the latter part of June right through until September. A lot of this positive movement has to do with a series of healthcare conferences, which are held where biotech companies announce new results and new research.