For investors looking for growth, biotech stocks are a great place to start one’s search. This is a sector that’s seen its valuation multiples decline in many cases to a greater extent than the overall market.
Even in this bear market, the biotech space has immense growth potential. Investors opting for this sector can certainly ramp up their risk on upside should the market rally. But even if the market declines further, given how far many of these stocks have fallen, I’d suggest the downside may be limited with some of these names.
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