Q: Hello,
My portfolio has become Biotech heavy, I own 6, ACAD,CLDX,DND,HALO,GILD & SCMP. I would like to drop 1 to diversify better. I've narrowed it down to either CLDX or SCMP. CLDX has been issuing shares to raise cash, but may have a niche, developing their lung cancer vaccine. SCMP is much smaller but their Balance Sheet is very strong and they have a global partnership with Takeda. Which one would you drop? Or do you think it would it be better to take profit on either ACAD,DND,HALO or GILD.
I'm confused on which option to take.
Thanks so much,
My portfolio has become Biotech heavy, I own 6, ACAD,CLDX,DND,HALO,GILD & SCMP. I would like to drop 1 to diversify better. I've narrowed it down to either CLDX or SCMP. CLDX has been issuing shares to raise cash, but may have a niche, developing their lung cancer vaccine. SCMP is much smaller but their Balance Sheet is very strong and they have a global partnership with Takeda. Which one would you drop? Or do you think it would it be better to take profit on either ACAD,DND,HALO or GILD.
I'm confused on which option to take.
Thanks so much,