Want to Invest in Pharmaceutical Stocks but Don't Know How? Try This ETF.
There's no denying pharmaceutical stocks can be great investments. On the flip side, there's also no denying that picking the right drugmakers is a tricky business. All of them are constantly fighting the patent expiration clock, just as each of them is perpetually facing stiff competition.
Yet, most investors still recognize the importance of exposure to this sliver of the healthcare sector.
There is a solution. While not necessarily the case for all industries, the pharma industry is one that's often best bought as a basket rather than in the form of only one or two pharmaceutical stock picks. And one basket in particular stands out among the rest.
Source Fool.com
