1/7/19 After Close: Both BMY and CELG held today up over 3%.
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Stay tuned Next Week for Updates from the J.P.Morgan Healthcare Conference
1/5/19 Friday’s broad-based biopharmaceutical rally boosts stocks out of a “Bear Market”which brought the XBI down 25% off highs to the $64 level on December 24, 2018 and now at $75.
1/4/19 Rally underway from blockbuster BMY/CELG deal and upcoming JPMorgan Healthcare Conference
1/3/19 Celgene (CELG) up 27% on Bristol-Myers (BMY) $74B Cash and Stock Deal
- Biotech sector rallies on deal: ALXN GILD IBB
Large Cap Biopharmaceutical Performance 2018: Not a Good Year
We reviewed large cap biopharmaceutical stock performance in 2018 a volatile year when stocks peaked in late August and again in late September before a vicious sell-off in December. The IBB came very close to lows not seen since October 2016. Stocks began a bullish run after ASCO in June ending in the October sell-off. Watch for changes in analyst recommendations next week with the JPMorgan Healthcare Conference.
- Merck (MRK) was the top performer up 33.9%.
- Amgen (AMGN) was up 11.9% followed by Vertex (VRTX) up 10.6%.
- Celgene (CELG) was the worst performer down 38.6%.
- The large cap weighted IBB was down 9.68%.
- Small caps underperformed (XBI) hit hard with the December sell-off.
- The Fidelity Select Biotechnology Fund underperformed down 4.51% over 3 yrs!
- The XLV Healthcare ETF was up 4.63% at $86.51 but was as high as $95.87 on November 30.
| COMPANY | Ticker | Price | 2017 | Price | MCap | Rev$B |
% Perform
|
||||
| 1/15/18 | Rev$B | 12//2018 | 2018 | 2018 | |||||||
| 1 yr | P/S | Fwd PE | Recomm | ||||||||
| Abbvie | ABBV | 100.340 | 27.27 | 92.19 | 139.93 | 32.19 | -4.67 | 4.35 | 10.58 | 2.6 | |
| Alexion | ALXN | 122.710 | 3.47 | 97.36 | 21.88 | 3.91 | -18.6 | 5.59 | 11.19 | 1.8 | |
| Amgen | AMGN | 185.040 | 23 | 194.67 | 125.31 | 23.32 | 11.94 | 5.37 | 13.39 | 2.3 | |
| Biogen | BIIB | 335.950 | 11.84 | 300.92 | 61.09 | 13.23 | -5.54 | 4.62 | 10.73 | 2 | |
| Bristol Myers | BMY | 62.810 | 19.92 | 51.98 | 86.69 | 22.04 | -15.18 | 3.93 | 12.77 | 2.4 | |
| Celgene | CELG | 106.000 | 12.5 | 64.09 | 46.11 | 14.73 | -38.59 | 3.13 | 6.16 | 2.1 | |
| Gilead Sci | GILD | 79.020 | 27.48 | 62.55 | 83.7 | 22.28 | -12.69 | 3.76 | 9.27 | 2.2 | |
| Merck | MRK | 58.660 | 39.8 | 76.41 | 203.58 | 41.73 | 33.94 | 4.88 | 16.24 | 1.7 | |
| Regeneron | REGN | 366.960 | 5.52 | 373.5 | 38.13 | 6.37 | -0.65 | 6.31 | 16.53 | 2.5 | |
| Vertex | VRTX | 158.000 | 2.3 | 165.71 | 43.63 | 2.83 | 10.58 | 15.42 | 39.99 | 1.8 | |
| XBI | 71.75 | -15.46 | |||||||||
| IBB | 96.43 | -9.68 | |||||||||
| FBT | 124.2 | -0.3 | |||||||||
| FBIOX | 17.74 | -10.73 | |||||||||
| XLV | 86.46 | 4.63 | |||||||||
