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Ishares Nasdaq BiotechnologyIBBWATCHNov 07, 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.
Biotech ETF. Institutions use this to trade. At Friday’s close we got closer to the 52 week lows. Hillary came out with a tweet about coming after the biotechs. He likes this long term for growth. He would be cautious here. No more than a third of a position. It could go 10 or 15% lower if she wins.