Morgan Stanley flags emerging opportunity in this sector

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SPDR S&P BIOTECH ETF (NYSE: XBI) Delayed: 157.37 +2.87 (1.86%)
Previous Close $154.50    52 Week High $73.80 
Open $156.87    52 Week Low $44.16 
Day High $157.85    P/E N/A 
Day Low $154.96    EPS $0.00 
Volume 8,396,336