g******n
发帖数: 1536 | 1 Biotech stocks have been pummeled in recent months, but get this: the most
mature companies in the industry: Gilead Sciences (GILD), Amgen (AMGN),
Celgene (CELG) and Biogen (BIIB) are trading at their lowest collective
valuation in a decade.
That’s according to Mark Schoenebaum, biotech analyst at Evercore ISI. He
blasted a valuation chart to clients on Thursday, which shows a rarity: big-
cap biotech stocks have a lower price-to-earnings ratio, based on estimates
for the next 12 months, than the S&P 500. That’s almost never happened
since 2006. Barron’s Johanna Bennett argued yesterday that Biogen was
looking cheap relative to its earnings potential.
The iShares Nasdaq Biotechnology exchange-traded fund(IBB) is market-cap
weighted, and therefore heavy on the big boys. The SPDR S&P Biotech ETF (XBI
), on the other hand, gives equal weight to large and small caps alike. It’
s fallen nearly 30% so far this month alone -- about seven percentage points
more that the market-cap weighted ETF. | g******n
发帖数: 1536 | 2 最近bio为什么这么惨？还有希望吗？
big-
estimates
【在 g******n 的大作中提到】
: Biotech stocks have been pummeled in recent months, but get this: the most
: mature companies in the industry: Gilead Sciences (GILD), Amgen (AMGN),
: Celgene (CELG) and Biogen (BIIB) are trading at their lowest collective
: valuation in a decade.
: That’s according to Mark Schoenebaum, biotech analyst at Evercore ISI. He
: blasted a valuation chart to clients on Thursday, which shows a rarity: big-
: cap biotech stocks have a lower price-to-earnings ratio, based on estimates
: for the next 12 months, than the S&P 500. That’s almost never happened
: since 2006. Barron’s Johanna Bennett argued yesterday that Biogen was
: looking cheap relative to its earnings potential.
| a*****s
发帖数: 26 | 3 A.MM已经有内幕知道接下来more regulation,earning会显著下降
B.板块轮动，抄能源去了
C.panic selling 企稳之后会迅速反弹
大家信哪个？ | b****5
发帖数: 449 | 4 A不可能，每节上台政府都要说药价，最后只是把价格搞得更高。P民一会就忘记了。
B有可能的，Timing might affect sector in short-term.
C估计要等等，不过很明显现在panic了。AMGN才出了财报，Beat on EPS/Rev,
Increase Outlook，又尼玛崩。这不是有病吗。
如果说医保高，Administrative Cost 和Hospital才贵呢，先从这个动手才对。 | a*****s
发帖数: 26 | 5 恩，新年以来我的xbi仓位损失不小，forward PE才15，准备企稳之后average down
【在 b****5 的大作中提到】
: A不可能，每节上台政府都要说药价，最后只是把价格搞得更高。P民一会就忘记了。
: B有可能的，Timing might affect sector in short-term.
: C估计要等等，不过很明显现在panic了。AMGN才出了财报，Beat on EPS/Rev,
: Increase Outlook，又尼玛崩。这不是有病吗。
: 如果说医保高，Administrative Cost 和Hospital才贵呢，先从这个动手才对。
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