Friday, March 26, 2010

Basket of Biotechnology

Last weekend I sent out a Basket of Biotechnology Stocks to my email list.  Now that all subscribers have had first dibs on these stocks, I'm posting the list to the loyal readers of AllAllan.

Below is a hypothetical portfolio established at Yahoo Finance.  I put $3,000 into each of the eight names set out in the basket, although subscribers know that three of these stocks are considered to be core holdings.  The portfolio's starting value was $24,000 (8 X $3,000), excluding any accounting for commissions.  There are a couple more names that I will probably add to this list in the coming weeks, but for now, this represents a nice speculative entry into what may become a very hot sector in the years ahead.


As you can see, the portfolio is up a little over 10% in its first week.  

That said, it is not too late to buy any and/or all of these names.  

Basket of Biotechnology Stocks