Biotech stocks are often seen as a segment of the market that has the potential to thrive regardless of the broader stock market sentiment. Essentially, biotech companies are high-risk, high-reward investments. This is because each stage of progress can be a catalyst for the stocks. A positive outcome can change the fortune of the company. But, a negative one could…
While biotech companies are some of the largest disruptors in the broader healthcare sector, broad healthcare indexes tend to lack concentrated biotech exposure. As such, for investors choosing to follow an index strategy, the author of today’s article highlights two indexes that offer exposure to biotech stocks that have one or more drugs in Phase II and Phase III U.S.…
Important industry conferences and events (such as the recent ENA 2020 symposium where cancer researchers shared new data on drug candidates from various biotech companies), upcoming data releases and big upticks in insider buying make the five biotech penny stocks highlighted in today’s article ones to watch this week and in the weeks ahead. For these five biotech penny stocks…