Is This a Biotech Bubble?

Wall Street pundits are claiming we are on the precipice of a biotech bubble because biotechnology stocks have been soaring. The Nasdaq Biotechnology Index has climbed 44% in the last year. The Nasdaq Composite and S&P 500 have climbed just 9% and 11% in the same time. But it's the last week that has traders panicked about "bubble" territory. From March 20 through March 26, the Nasdaq biotech index dipped 7%. The S&P biotech index dropped almost 11%. These tremors could signify a correction in the coming months - but make no mistake - the "bubble" is not about to burst on biotech stocks... Tags: biotech bubble , biotech investing , biotech stocks , is this a biotech bubble , stock market bubble To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Is This a Biotech Bubble? appeared first on Money Morning - We Make Investing Profitable .
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