Analyst picks & changes

Biotechnology Sector

Alex To of Donaldson, Lufkin & Jenrette advised investors to put money into biotech as a hedge against declines in the high tech sector. While biotech stocks have been hit recently along with the tech stock sell-off, he pointed out that the biotech sector operates on different underlying fundamentals. Funds have been moving into health care in general as a defensive investment strategy, he said. ...