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home / news releases / XBI - XBI: 3 Reasons To Buy The Pullback And Hold This Biotech ETF Forever

XBI - XBI: 3 Reasons To Buy The Pullback And Hold This Biotech ETF Forever

SPDR Series Trust S&P Biotech

2024-04-19 11:29:12 ET

Summary

  • SPDR S&P Biotech ETF offers a buying opportunity after a recent decline and trades close to the 200-day moving average.
  • XBI has a strong long-term track record, providing generous total returns for shareholders.
  • The biotech sector is seeing increased levels of merger and acquisition deals, indicating potential undervaluation in biotech stocks.

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For further details see:

XBI: 3 Reasons To Buy The Pullback And Hold This Biotech ETF Forever
Stock Information
Company Name: SPDR Series Trust S&P Biotech
Stock Symbol: XBI
Market: NYSE
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