JPMorgan's Annual Healthcare Conference is one of the largest gathering of healthcare companies, executives, investors, and other stakeholders and kicks off on Monday.
Chris Lewis of Roth Capital Partners commented in a note on January 5 that he is expecting "a number of preannouncments" within the space. The analyst added that many companies are expected to issue preliminary fourth quarter 2015 results and/or 2016 guidance Monday morning.
Meanwhile, The Street's Adam Feuerstein, a notable biotech expert, thinks the sector's outlook is dire. On January 7, Feuerstein tweeted that 2016 will be a "bummer year" for biotech stocks.
Here are some of Feuerstein's other notable Tweets expressing his bearish outlook for the sector.
Today and Monday are my favorite days of year b/c 75% of table-setting PRs from biotech cos. read like this: pic.twitter.com/AoMrQbAUJN
— Adam Feuerstein (@adamfeuerstein) January 8, 2016
My #JPM16 calendar is not full (with co. meetings.) Because meeting with you to hear your spin-laden PR spiel is a waste of my time.
— Adam Feuerstein (@adamfeuerstein) January 8, 2016
If I win Powerball tonight, I'm still attending #JPM16, except I'll be much happier.
— Adam Feuerstein (@adamfeuerstein) January 9, 2016
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