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4 Biotech Stocks to Buy

When the market environment gets ugly (like now), biotech tends to become a safe-haven

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If last week’s marketwide weakness was a prelude to the usual poor performance from stocks in August, then investors may want to think very strategically about the next few weeks.

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Specifically, traders may want to limit their list of potential stocks to buy to those areas that can — and do — move independently of the rest of the market. And which stocks might those be? Biotech stocks — and in particular, biotech stocks with a specific reason to rally in the foreseeable future.

News, drug breakthroughs, and technical catalysts are just a handful of the reasons why these names could move higher even if the broad market is pointed lower this month. If an investor needs a little more direction, however, there are five biotech stocks that look especially promising here and now. In no particular order, here’s a closer look at all of them:

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