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Biotech companies are an interesting buy. Speculative for the most part, but could pay off later. I bought a decent amount of moderna at $14 a share. Only reason is because I read about the company and think they’re interesting. They also tanked a bit after their IPO, so I doubled down because I’m a gambling man!
I don’t like healthcare stocks because the cost of healthcare is increasing, which means bankruptcy for people without insurance. Don’t know exactly how those things fit together, but I think prices will keep rising because of this and the cat and mouse games going on with health insurance companies.
Healthcare for all is interesting - I’m not sure how that would end up affecting healthcare stocks if one of those crazies gets elected 😆
As for something like CVS, I don’t think they’re a good buy. You can buy most of the crap they have online or at walmart for half the price.
I’m just rambling now and had a few wines so I’ll read this over in the morning to see if it makes sense 😃
Haha well thanks for the ramble! I am interested it other perspective. Any thoughts post-vino? 😉