If You Can Only Buy One Biotech Stock in July, It Better Be One of These 3 Names
GILDGilead(GILD) Investor Place·2024-07-20 01:58

When I think of biotech stocks, I imagine volatile share prices and plenty of red ink. I also think of big-time shareholder returns for the industry’s winners. However, looking through the Bloomberg Billionaires Index, I don’t see one biotech company in the top 100. They must come later. How are biotech stocks doing in 2024? The Nasdaq Biotechnology Index, a list of 215 biotech and pharmaceutical stocks, is doing okay, up nearly 8% year-to-date, but less than half the Nasdaq 100. The gap gets worse over fiv ...