Why I DON'T Buy Biotech Stocks

Hey Guys! In this video I go over why I don't buy biotech stocks. Biotech and Pharma stock have been known as an a way to make a lot of money investing in the stock market. In this video I go over is biotech safe, why I stay away from it, and talk about the type of companies I would look at if I wanted to get involved in Biotech stocks. Robinhood Top Stocks is very lacking in the top Biotech stocks in my opinion so I thought it was important to talk about this. It is very difficult and risky to find the best biotech stocks November 2019 considering it only takes one bad news story to destroy the stock price. JNJ Stock, Amgen Stock, and IBB stock is where I think the safest place to start investing in biotech. Let me know what you think of this sector in the comments down below. Thanks for watching!

#BioTech #BioTechStocks #Robinhood

Tags:
Biotech Stocks, Why I Don't Buy Biotech Stocks, Is Biotech Safe, Pharma Stocks, Robinhood Biotech Stocks, JNJ Stock, Amgen Stock, AMGN Stock, Amgen Stock, IBB Stock, MagooInvesting, Magoo Investing

[Magooinvesting]

Let me know what you think about Biotech stocks. Plenty of people have gotten rich from finding undervalued companies but just as many has lost A LOT of money. Thanks for watching!

[mindsinmotion]

I think that this is similar to why people don't invest in sin stocks. Awesome info

[koolaidpuc]

Diversification is key in the stock market! You should have a little bit of exposure in the biotech sector via the IBB ETF! Most of the companies are cheap right now with low PE’s! Small exposure won’t hurt your overall portfolio!

[mihailomaksa]

If you want a safe play in biotech space, just buy XBI etf (I like it more than IBB because it’s equal-weighted and more diversified)

[dsanti]

most growth stocks have volatility after earnings report. Same thing happens to apple, telsa, etc

[jerryselzer]

People learn from mistakes. With Retail -- like Pharma -- one needs to keep up with trends and failures ... more fundamental, than technical analysis is needed. (and, it's F-eye-Zerrr)

[aachal]

It's very important to choose a trustworthy and good platform for trade and investment, I suggest you get in touch with Frederick Kurt for all issues related to trade and investment.