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Ishares Nasdaq BiotechnologyIBBBUYJun 13, 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.
She likes Biotech’s. They are within the healthcare sector, and by far one of the more attractive industries. There is an enormous amount of double digit growth that we are still expecting from Biotech’s. They are trading rich, but that is because they are growing 2-3 times faster than the rest of the market. Sees this as a safe entry point.