4 Beaten-Down Biotech Stocks That Could Take Off
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It remains a tough year for biotech stocks. While the S&P 500 is up 25% so far in 2021, key biotech exchange-traded funds are lagging behind dramatically.
The iShares Biotechnology ETF (ticker: IBB), which is weighted toward larger biotech names, is up 1.3% in 2021, while the SPDR S&P Biotech ETF (XBI), which is spread more evenly across smaller and midcap biotech names, is down 12.2%.
Even...