Can Biotech Stocks Provide Crypto-Like Growth for Your Portfolio?
As exemplified by Shiba Inu's explosive debut in 2021, cryptocurrencies are one area where investors can find tremendous growth. Another such area is biotech, where surging share prices are (usually) driven by clinical trial results and regulatory decisions rather than memes and out of control hype.
It goes without saying that biotech stocks and cryptocurrencies are poor places for risk-averse investors to tread. But is it possible for risk-tolerant investors to capture crypto-like upside without facing catastrophic collapses by investing in biotech? It isn't a common occurrence, but it might be more probable than you'd expect.
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Source Fool.com