View gallery.Biotech stocks can provide enormous gains, but unfortunately, they can take them away just as quickly.All it takes is one FDA approval for a biotech company’s stock to soar, but an FDA setback could also cause that same stock to tank. One biotech stock suffered that outcome Monday morning.Sarepta Therapeutics Inc (NASDAQ: SRPT) provided an update on its discussions […]
That bright neon sign you’re looking at are biotech stocks flashing, “Buy me!”So put down your morning joe. Go ahead, do it. And ignore all incoming e-mail for the next few minutes. Because the biotech breakout has arrived — and it can make you a bundle over the next few months.That’s right. Forget about this month’s stock roller-coaster ride. Yeah, sure, it […]
(Spencer Platt/Getty Images)
What a difference a week makes. In the throes of the worst of Wall Street’s turbulence, news of an Ebola diagnosis in New York City might have been enough to send stocks right off the rails and shares of biotech and biohazard protection stocks soaring.That wasn’t the case Friday though, as the market took news of a […]
By Ben LevisohnYes, say the folks at Nomura, who recommend buying Celgene (CELG), Receptos(RCPT), Gilead Sciences (GILD), Neurocrine Biosciences (NBIX), and Alexion Pharmaceuticals (ALXN), in that order. Analyst M. Ian Somaiya and team explain why:
October has historically been a weak month for biotech, with the Nasdaq Biotechnology Index underperforming the S&P 500 in 14 out the last 20 years. We believe […]
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