The best biotech stock to buy for the long term is.
Alkermes PLC (ALKS)
BioMarin Pharmaceutical Inc. (BMRN)
CRISPR Therapeutics AG (CRSP)
Exelixis Inc. (EXEL)
Global Blood Therapeutics Inc. (GBT)
Ionis Pharmaceuticals (IONS)
Sarepta Therapeutics Inc. (SRPT)
Vir Biotechnology Inc (VIR)
Biotech stocks were some of the best performers at the start of the pandemic.
More recently, though, they've vastly underperformed the broader market.
Case in point: In 2021, the SPDR S&P Biotech (XBI) lost 20.5%, compared to the S&P 500's 26.9% gain.
Investing in biotech companies might not be for the faint of heart, but it isn't an impossible industry for the average investor to profit in.
Smart investing in biotech can actually be rather lucrative.