Biotech has just "broken the box"...
For the last few months, Growth Stock Wire readers have been following the "stealth biotech boom." Biotech stocks are enjoying a big uptrend... but you rarely see it mentioned in the mainstream press.
We're particularly interested in this uptrend because biotech is one of the greatest "boom and bust" sectors known to man. Thus, the sector is a good friend for the speculator [2]. Ride the booms and avoid (or even short) the busts, and you can make a fortune.
The biotech sector shares [3] many characteristics with the resource sector. Like mining exploration firms, many biotechs burn through cash in search of the "next big thing." When a firm strikes it rich, the returns can easily go into the thousands of percent.
For this reason, both sectors tend to draw in "hot money" every few years and go through huge speculative booms... which are followed by big busts.
You can gauge which way the biotech wind is blowing with the SPDR [4] Biotech Fund (XBI), which holds more than 50 companies in the sector. (more)
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