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Ishares Nasdaq BiotechnologyIBBTOP PICKFeb 02, 2018Stock 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.
He believes in the biotech sector. It is a concept play considering aging population. ETF that allows you to participate in many companies that would require a lot of analysis.