Biotech stocks: If I could only invest in one small/mid cap company…


I have most of my money in SPY, QQQ, and various tech companies.

I’m looking to dip my toe into Biotech just to experiment. Nothing major – probably a 20k investment. I know Biotech is wildly risky…you either lose it all or you get very lucky.

Since most of money is safely (?) in SPY/QQQ, if I had a spare 20k to invest in a single biotech firm, what would you suggest? I am thinking something small/mid cap for growth potential (yes, I know it’s also much riskier). CRSP? NVO?


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