These are the best picks in the market-beating biotech sector, according to Credit Suisse

These are the best picks in the market-beating biotech sector, according to Credit Suisse

Biotechnology stocks have been a bright spot in the market during the coronavirus downturn, and Credit Suisse is bullish on a handful of stocks in the booming sector. “Though investors are cautious in these unprecedented times, the renewed interest in Biotech highlights improved sentiment as investors look to Biotech for a potential treatment/ vaccine for COVID19, while macro overhangs (e.g. drug pricing legislation) have diminished,” Credit Suisse research analyst Evan Seigerman told clients in a note on Tuesday. Credit Suisse made a list of its favorite biotech for the second half of 2020.

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