Tuesday, May 10, 2005

Biotech Rally Continues

It's nice to see the biotech sector holding up in a down market. All of the major biotechs posted nice gains today. As you know, I'm heavily overweight in this sector and it's nice to see it pay off on days like this. I tend to stay away from the more speculative names (no sales or earnings). For most people, the best way to invest in this industry is through a sector fund such the one's from Fidelity or exchange traded funds such as the BBH and IBB.


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