Re: Biotech stocks
Biotech is the only industry where M & A happens. So if you buy a biotech company, you can be sure there could be a takeover target. However, Obama just recently annihilated all the pharmacy names so the biotech's took a hit. Make sure to look into the balance sheets/income statements of the companies you are buying. Biotech's are very vulnerable and very speculative in my opinion. I don't have any biotech's on the top of my head, but I really do like BMY as a drug maker play.