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Gilead Sciences Inc.GILDBUYMay 09, 2013Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
In past years, biotech was the safe trade, but this year risk is back, so these stocks have fallen out of favour. Also, there are so many drugs in trials now and big pharma needs new product. She's looking at Gilead and Moderna, because they have low PEs and alot of drugs in development. However, the overall sector is risky.
It's bottoming because of interest rates. Sell it at $65. You can also swap this for Bristol-Myers.
Biotech group has been performing extremely well. There is growth and there is an expectation that they will be bought by a traditional drug company. You are buying something for growth here. Prefers to own the group, such as XBI-N, an ETF.