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A sector that rivals the growth of the Internet is biotechnology. Like many Internet businesses, many biotechnology companies are years away from making money.
The excitement with respect to biotech stocks is due to advances in human genetic coding, which may lead to cures for many deadly illnesses such as cancer. With North Americans becoming wealthier and older, there is an increasing demand for the life-enhancing products promised by biotechnology. There are many excellent biotechnology stocks. However, like the Internet stocks,...