Michael A. Robinson- Money Morning - Only the News You Can Profit From.
Michael'S LATEST HEADLINES
Technology Article 0 Tuesday, January 16, 2018My Top Biotech Play for 2018 Could Make You 110.5% in 12 Months, If You Act Now
Between Oct. 5 and Nov. 11, one of the bellwether biotech exchange-traded funds fell 10.5%.
That's a correction, as defined by most market watchers.
And most investors – and their "enablers" on Wall Street – have shied away from biotech shares since. They're jittery.
In fact, I saw one august financial publication – the highly respected Investor's Business Daily – warn folks away from biotech in 2018 due to "median tenure of chief executives at large-cap biotech companies."
That's not just a stretch. It's a load of malarkey.
Here's the thing: If you want to double your money in 2018, you absolutely must invest in biotech.
That temporary dip in the iShares Nasdaq Biotechnology Index Fund ETF came after congressional Republicans ditched efforts to repeal and replace Obamacare. If there's one thing Wall Street hates, it's uncertainty.
As you might expect, Wall Street's panic led it to ignore some shares that have very bright futures – and are now trading at huge discounts.
So I've crunched the numbers – and done the research – and have identified three beaten-down biotech leaders that are poised to make huge comebacks throughout 2018.
I think you should put all three of these 2018 biotech comeback stocks on your "buy" list.Especially the one that I believe will soar 110.5% in just 12 months...
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