Biotech Stocks Extend Gains On Good Drug News

By | March 19, 2015

Scalper1 News

Biotech stocks are on fire. They are the No. 1 ranked group among 197 tracked by IBD. Over the past five years, the industry group has gained 388% vs. 79% for the S&P 500. The industry group is in its sixth straight week of an advance. This week so far, biotechs are up more than 5%. And they had a good day Thursday. No wonder. The group has got more than its share of leaders. Of the more than 360 stocks in it, at least 16 have Composite Ratings of Scalper1 News

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