High Risk, High Reward—Two Great Companies for Traders
From Profit Confidential
February 11, 2013 - 5:51am
Listed below are two stocks that you can trade. They are biotechnology stocks, and they have a growing following among institutional investors. As you know, biotechnology stocks are event-driven; on the stock market, they move on news. Plus, the action can be particularly robust, due to the high level of institutional participation in this sector.
Institutional investors love biotechnology stocks and traditional pharmaceutical companies because the successful ones are very good at making lots of money. It costs a lot to develop a new drug, but the rewards are there if it gets approved. I think there’s a small role for biotechnology stocks in more aggressive equity portfolios. They’ve been one of the strongest sectors in the stock market in recent years.
Alexion Pharmaceuticals, Inc. (NASDAQ/ALXN) is one of the biotechnology stocks that can really fly on the stock market with good new...Continue reading this article »