Biotech stocks have been getting destroyed, but one analyst says the sell off is 'misguided' (IBB, ALXN, BIIB, VRTX …

Akin Oyedele

Mar. 26, 2015, 8:22 AM
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Wikimedia CommonsSome investors have been worried about a bubble in biotech stocks, and Wednesday’s sell off seemed to prove those fears.Biotech stocks fell more than 3%, their biggest one-day drop this year.But the industry is still one of the best-performing in the market: it’s up 35% over the past 12 months and 9.3% year-to-date, compared to year-to-date gains […]

More losses ahead for biotech

Pedro Castellano | Getty ImagesInvestors are bailing on biotech stocks at such a rapid pace that it is shocking even some of the most-seasoned traders. It’s a popping bubble that could have implications on the sustainability of this six-year bull market.Consider this, the most popular ETF in the sector—the Nasdaq Biotechnology iShares (IBB)—hit an all-time intraday high Friday of $374.62. […]

Biotech stocks have been getting destroyed, but one analyst says the sell off is 'misguided'

View photo.(Wikimedia Commons)Some investors have been worried about a bubble in biotech stocks, and Wednesday’s sell off seemed to prove those fears.Biotech stocks fell more than 3%, their biggest one-day drop this year.But the industry is still one of the best-performing in the market: it’s up 35% over the past 12 months and 9.3% year-to-date, compared to year-to-date gains of 3% for the […]

One analyst is convinced the biotech stock plunge is 'misguided'

View photo.(Wikimedia Commons)Some investors have been worried about a bubble in biotech stocks, and Wednesday’s sell off seemed to prove those fears.Biotech stocks fell more than 3%, their biggest one-day drop this year.But the industry is still one of the best-performing in the market: it’s up 35% over the past 12 months and 9.3% year-to-date, compared to year-to-date gains of 3% for the […]

Biotech outlook dire as bull market loses leader

Pedro Castellano | Getty ImagesInvestors are bailing on biotech stocks at such a rapid pace that it is shocking even some of the most-seasoned traders. It’s a popping bubble that could have implications on the sustainability of this six-year bull market.Consider this, the most popular ETF in the sector—the Nasdaq Biotechnology iShares (IBB)—hit an all-time intraday high Friday of $374.62. […]

Biotech’s Rally Fuels Bubble Fears

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Biotech’s Rally Fuels Bubble Fears

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3 Excellent Biotech Stocks to Buy on the Dip – Stocks in the News

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3 Excellent Biotech Stocks to Buy on the Dip – Stocks in the News
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US STOCKS-Wall St drops as biotechs, semis hit Nasdaq

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US STOCKS-Wall St drops as biotechs, semis hit Nasdaq
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US stocks sink; Nasdaq drops 2.4%

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US stocks sink; Nasdaq drops 2.4%
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US stocks: Wall St. falls; biotech, technology push Nasdaq down

U.S. stocks dropped on Wednesday as a slump in technology and biotech shares sent the Nasdaq to its biggest decline in almost a year, while the S&P 500 fell through key support levels.The Dow Jones industrial average .DJI fell 291.34 points, or 1.62 percent, to 17,719.8, the S&P 500 .SPX lost 30.4 points, or 1.45 percent, to 2,061.1 and the […]