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Last week on our roundup of the 2015 top stocks to invest in, we highlighted biotech stocks for their explosive growth in 2015 and their continued potential.
This week biotech stocks pulled back – which is a typical cycle for the sector around this time of year. From March 20 through March 26, the Nasdaq biotech index dipped 7%. The S&P biotech index dropped almost 11%. Nasdaq stocks fell 3.2% on the week after a hot start to 2015 where the index was up 6.1% and eclipsed the 5,000 mark for the first time since 2000.
But even for all the bears screaming "biotech bubble" right now, biotech ETFs like First Trust NYSE Arca Biotechnology Index Fund