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Ishares Nasdaq BiotechnologyIBBCOMMENTMar 14, 2016Stock 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.
Feels Biotech would be better than Pharma, as it wouldn’t be a target of the Clinton administration. Thinks big Pharma companies will be closing down their research, and basically outsourcing it to biotech companies. This would be taking a lot of risk, but if you can stomach the volatility it will probably work, and you might get the currency working for you too.