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Ishares Nasdaq BiotechnologyIBBHOLDJun 04, 2015Stock price when the opinion was issued
As of Jun 18, 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.
The only knock that anybody can have about this is that it keeps going higher. The names it holds has to keep going through new highs. If you have owned this for a long time, the selling strategy is to bring it back if it has become too large a portion of your portfolio. Also, you have probably made a lot of money on the currency if you have owned it for a long time. He likes the diversity.