Kiplinger

5 “Strong Buy” Biotech Stocks to Buy Now

Biotech stocks often present intriguing, and potentially very lucrative, investment opportunities. Share prices can explode on positive trial results or key regulatory approvals.

However, buyers beware: These rewards can disappear just as quickly if critical data disappoints. This is especially the case for biotechnology companies with few or no marketable drugs (and thus they are generating low or even no revenues), especially if their drugs still are in the early stages of development. To minimize this risk, it's best to search for stocks with a high degree of confidence from Wall Street's top analysts.

Five compelling biotech stocks stand out as intriguing investing opportunities right now.

We used TipRanks' to filter for the best-rated biotechnology stocks over the past few weeks, regardless of market capitalization. All five stocks share a bullish "Strong Buy" analyst consensus rating. And while all five picks have soared over

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger2 min read
Tax-Savvy Charitable Giving With QCDs Can Benefit Both Giver and Receiver
Plenty of retirees like to give back to their communities through charitable donations, but questions often arise over the best way to do that. What approach is efficient, provides the tax benefits you’re after, and also is advantageous for the chari
Kiplinger2 min readFinance & Money Management
What Is an APR?
Swiping your credit card is easy. But if you carry a balance, paying it off could be a challenge. Especially if you don't know your credit card's annual percentage rate (APR). And shockingly, a lot of people don't. In a December 2021 Bankrate study,
Kiplinger4 min read
This New Sustainable ETF’s Pitch? Give Back Profits.
Feel like society and the environment are beginning to break down? There’s an ETF for that. Newday Impact’s Sustainable Development Goals ETF (SDGS) delivers a growth-oriented product that promotes dual impact, promising to advocate for environmental

Related Books & Audiobooks