the biotech sector is essentially avoided, at least publicly, as a recommended investment sector.
the 2020 political BiotechSTORM is coming.
I guess that If you can’t get anyone on TV to make positive comments on biotech companies then the sector must not be well liked or a good investment?
I guess the biotech/medtech successes for the past 10 years are and will remain a secret success story and a bewildering anomaly?
There has been “Nothing Else” but biotech success stories this December 2019 as there have been the entire year of 2019. This has been the BIOTECH DECADE -2010-2019.
This past week I watched analysts on business new TV downplay and withhold commentary on the obvious and remarkable success of the healthcare sector and specifically the biotech sector during the last 3 months of 2019. Only one analyst offered a biotech recommendation – Seattle Genetics (SGEN). The others mentioned that the sector will primarily be under political attack from all sides next year and therefore these analysts were not recommending at this time any positions, not even the (IBB) or the (XBI)??
The only biotech that has been mentioned as a reasonable buy from a few business TV analysts has been Amgen (AMGN). (but a little late to catch the the stock rising this past 3 months). Basically, business TV analysts/guest commentators are way too late recommending any biotech companies as their price/values are high now and the 2020 political winds are coming, or should I say the 2020 political www.biotechSTORM.com is coming. Therefore, it appears that most analysts do not want to recommend the biotech/drug/healthcare category, never mind individual biotech stocks. The most surprising thing here is that for 2 years now most business TV analysts would prefer talking about any Tech company and/or recommending Amazon, Apple, Google, Tesla, Netflix and Facebook or even bitcoins more so than a single biotech stock. It is not in their DNA, to recommend the biotech sector or the companies in it and when you add in the uncertainty/interpretation of clinical tests and the drug pricing issues, the legal issues some companies are facing and the intense competition. The biotech sector is essentially avoided, at least publicly, as a recommended investment sector. But it is the negative USA political environment that seems the biggest factor impacting analysts viewpoint. And all of this has resulted in a negative bias and reduced TV news coverage towards the entire healthcare sector and most definitely biotech/drug companies from the business broadcast news. I guess that If you can’t get anyone on TV to make positive comments on biotech companies then the sector must not be well liked or a good investment?? I guess the biotech/medtech successes for the past 10 years are and will remain a secret success story and a bewildering anomaly??
It is my view that this has been the BIOTECH DECADE from 2010-2019 but don't tell anyone shhh....
Biotech Positive 2020 and beyond
So, why do I remain 100% invested in biotech/medtech companies as of 12/15/2019 and have been since 2010. My reasons are as follows;
The product development success that the entire biotech industry is having is nothing less than remarkable and has been for many years now, irrespective of the lack of positive.accurate news coverage during most of this time.
The biotech sector is developing products for a worldwide population that is eager to gain access to improved new products for better healthcare.
The biotech industry is succeeding in spite of the forever www.biotech-WARS.com and the lack of publicly announced support.
I see continued success for the biotech/medtech sectors for all of 2020. The power of these new medicines is and will be greater than all the negativism and vilification that politicos will most definitely direct at them in 2020.
NOTHING ELSE = THE BIOTECH DECADE 2010-2019
The month of December 2019 has been a highly successful month for many biotech companies, below are a few highlights. There has been “Nothing Else” but biotech success stories this December 2019 as there have been the entire year of 2019. This has been the BIOTECH DECADE -2010-2019