Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Eiro-group Review –The power of trading education - 4th Dec 20
Early Investors set to win big as FDA fast-tracks this ancient medicine - 3rd Dec 20
New PC System Switch On, Where's Windows 10 Licence Key? Overclockers UK OEM Review (5) - 3rd Dec 20
Poundland Budget Christmas Decorations Shopping 2020 to Beat the Corona Economic Depression - 3rd Dec 20
What is the right type of insurance for you, and how do you find it? - 3rd Dec 20
What Are the 3 Stocks That Will Benefit from Covid-19? - 3rd Dec 20
Gold & the USDX: Correlations - 2nd Dec 20
How An Ancient Medicine Is Taking On The $16 Trillion Pharmaceutical Industry - 2nd Dec 20
Amazon Black Friday vs Prime Day vs Cyber Monday, Which are Real or Fake Sales - 1st Dec 20
The No.1 Biotech Stock for 2021 - 1st Dec 20
Stocks Bears Last Chance Before Market Rally To SPX 4200 In 2021 - 1st Dec 20
Globalists Poised for a “Great Reset” – Any Role for Gold? - 1st Dec 20
How to Get FREE REAL Christmas Tree 2020! Easy DIY Money Saving - 1st Dec 20
The Truth About “6G” - 30th Nov 20
Ancient Aztec Secret Could Lead To A $6.9 Billion Biotech Breakthrough - 30th Nov 20
AMD Ryzen Zen 3 NO UK MSRP Stock - 5600x, 5800x, 5900x 5950x Selling at DOUBLE FAKE MSRP Prices - 29th Nov 20
Stock Market Short-term Decision Time - 29th Nov 20
Look at These 2 Big Warning Signs for the U.S. Economy - 29th Nov 20
Dow Stock Market Short-term and Long-term Trend Analysis - 28th Nov 20
How To Spot The End Of An Excess Market Trend Phase – Part II - 28th Nov 20
BLOCKCHAIN INVESTMENT PRIMER - 28th Nov 20
The Gold Stocks Correction is Maturing - 28th Nov 20
Biden and Yellen Pushed Gold Price Down to $1,800 - 28th Nov 20
Sheffield Christmas Lights 2020 - Peace Gardens vs 2019 and 2018 - 28th Nov 20
MUST WATCH Before You Waste Money on Buying A New PC Computer System - 27th Nov 20
Gold: Insurance for Prudent Investors, Precious Metals Reduce Risk & Preserve Wealth - 27th Nov 20
How To Spot The End Of An Excess Market Trend Phase - 27th Nov 20
Snow Falling Effect Christmas Lights Outdoor Projector Amazon Review - 27th Nov 20
4 Reasons Why You Shouldn't Put off Your Roof Repairs - 27th Nov 20
Further Clues Reveal Gold’s Weakness - 26th Nov 20
Fun Things to Do this Christmas - 26th Nov 20
Industries that Require Secure Messaging Apps - 26th Nov 20
Dow Stock Market Trend Analysis - 25th Nov 20
Amazon Black Friday Dell 32 Inch S3220DGF VA Curved Screen Gaming Monitor Bargain Deal! - 25th Nov 20
Biden the Silver Bull - 25th Nov 20
Inflation Warning to the Fed: Be Careful What You Wish For - 25th Nov 20
Financial Stocks Sector ETF Shows Unique Island Setup – What Next? - 25th Nov 20
Herd Immunity or Herd Insolvency: Which Will Affect Gold More? - 25th Nov 20
Stock Market SEASONAL TREND and ELECTION CYCLE - 24th Nov 20
Amazon Black Friday - Karcher K7 FC Pressure Washer Assembly and 1st Use - Is it Any Good? - 24th Nov 20
I Dislike Shallow People And Shallow Market Pullbacks - 24th Nov 20
Small Traders vs. Large Traders vs. Commercials: Who Is Right Most Often? - 24th Nov 20
10 Reasons You Should Trade With a Regulated Broker In UK - 24th Nov 20
Stock Market Elliott Wave Analysis - 23rd Nov 20
Evolution of the Fed - 23rd Nov 20
Gold and Silver Now and Then - A Comparison - 23rd Nov 20
Nasdaq NQ Has Stalled Above a 1.382 Fibonacci Expansion Range Three Times - 23rd Nov 20
Learn How To Trade Forex Successfully - 23rd Nov 20
Market 2020 vs 2016 and 2012 - 22nd Nov 20
Gold & Silver - Adapting Dynamic Learning Shows Possible Upside Price Rally - 22nd Nov 20
Stock Market Short-term Correction - 22nd Nov 20
Stock Market SPY/SPX Island Setups Warn Of A Potential Reversal In This Uptrend - 21st Nov 20
Why Budgies Make Great Pets for Kids - 21st Nov 20
How To Find The Best Dry Dog Food For Your Furry Best Friend?  - 21st Nov 20
The Key to a Successful LGBT Relationship is Matching by Preferences - 21st Nov 20
Stock Market Dow Long-term Trend Analysis - 20th Nov 20
Margin: How Stock Market Investors Are "Reaching for the Stars" - 20th Nov 20
World’s Largest Free-Trade Pact Inspiration for Global Economic Recovery - 20th Nov 20
Dating Sites Break all the Stereotypes About Distance - 20th Nov 20

Market Oracle FREE Newsletter

FIRST ACCESS to Nadeem Walayat’s Analysis and Trend Forecasts

The Best Biotech Stocks for 2013 are Now Within Your Reach

Companies / BioTech Jul 22, 2013 - 03:11 PM GMT

By: Money_Morning

Companies

Garrett Baldwin writes: Biotech stocks are soaring in 2013 as major innovations in healthcare have offered enormous breakthroughs on once-untreatable diseases and conditions.

But for years, it was tricky to invest in some of today's best biotech companies given their volatility and uncertainty in the industry. For the better part of five years, some of today's leading biotech stocks remained essentially flat.


For some time, it was best to stick to large-scale pharmaceutical companies with a strong yield and avoid mass speculation in hit-or-miss penny stocks.

Well, not any more. Shares of the iShares NASDAQ Biotechnology Index (ETF) (NASDAQ:IBB) - which tracks industry returns - are up a staggering 42% since the beginning of the year, and the health/biotech industry has the highest returns of any sector for the year.

And you haven't seen anything yet...

With one of the most exciting biotech companies now joining the NYSE and another setting its focus on an uplisting, we're seeing major changes in the biotech industry and investment. And there are companies poised to become the best biotech stocks you can find right now.

Biotech Stocks Soar on Life-Changing Innovations

Many of the best performing stocks offer products and services that weren't even technologically possible just two decades ago. But new levels of biotechnological innovation have opened the door to massive amounts of wealth to investors throughout history.

The biotech industry is the hottest place you can put your money right now.

Since the beginning of the year, a number of biotech stocks have absolutely soared, drawing a lot of attention to the sector and its potential.

Cancer therapy firm Amgen Inc. (NASDAQ: AMGN) is up 24% on the year, biopharma producer Gilead Sciences (NASDAQ: GILD) is up 69%, molecular diagnostic company Myriad Genetics (NASDAQ: MYGN) is up 13%, and global biopharmaceutical company Celgene Corp. (NASDAQ: CELG) is up a whopping 72% in 2013.

In the 1990s, some of these shares were penny stocks, doing their best to survive the trials of speculation while investors parked their money in the booming internet industry.

And while dabbling in penny stocks is a still a bold strategy these days, there is another way to speculate on whether a company is about to enter the mainstream. And this one is far more lucrative in the long-run.

Biotechn Goes Mainstream, Provides Huge Profits

Perhaps the best way to determine a company is about becoming the next breakthrough stock is to explore its uplisting strategy from OTC markets to the major exchanges.

Moving to more liquid exchanges like the New York Stock Exchange or NASDAQ affords companies greater access to retail brokers and institutional investors.

Organovo Holdings (NYSE: ONVO) is a favorite of our technology expert Michael Robinson.

The company moved to the NYSE on July 11, and quickly soared by more than 30%, only to see a bit of a retreat on Friday. The stock is now up more than 70% in a month.

The recent upgrade to the will continue to provide Organovo with access to increased liquidity while reducing trading volatility, a major problem for OTC stocks.

ONVO develops three-dimensional (3D) bio printing technology. This technology enables the creation of functional human tissues on demand for research and medical applications.

The company's 3D NovoGen bio printing technology is almost out of a Hollywood sci-fi film. It enables development of various tissue and cell types, and enables doctors to place cells in desired patterns.

This technology will give doctors the ability to create organs, and cosmetic appendages for patients. Now that ONVO has joined the New York Stock Exchange, the company has been cleared for a huge takeoff.

But there's one more company that investors should consider given its goals of uplisting to a major exchange. The company is Cellceutix Corp. (CTIX.OB).

Cellceutix is in the clinical stage of its drug Kevetrin, a medication for the treatment of various forms of cancer and controlling cell mutations.

According to reports, its active compound P53, "has been shown to play critical roles in the homeostatic health of the human body by activating proteins required to repair DNA and plays a major role in the life cycle of cells by inducing cell cycle arrest and apoptosis to maintain cellular and genetic stability."

The company also recently received approval by the FDA for Prurisol, an anti-Psoriasis drug that has boosted the company's reputation and likelihood of being uplisted.

But the clearest sign of CTIX's potential comes in its recent agreement with Aspire Capital to raise $10 million in financing during the clinical trials for Kevetrin at Harvard Cancer Center, and its CEO's dedication to increasing its valuation.

In an interview with Seeking Alpha in March, the company's CEO Jim Boeheim committed to developing Kevetrin and Prurisol in the near-term, but also stated that "moving to a senior exchange is definitely part of our overall plan to maximize exposure and shareholder value."

Doing so would definitely provide greater exposure to investment and would naturally raise awareness of these two potential life-changing drugs.

There are plenty of biotech stocks out there right now poised for huge profits this year, particularly from those preparing IPOs. This is why investors also need a strategy to know how to price these investment opportunities.

After all, when biotech stocks are soaring like they have this year, you'll want to get every penny you can out of your investment.

Source :http://moneymorning.com/2013/07/19/the-best-biotech-stocks-for-2013-are-now-within-your-reach/

Money Morning/The Money Map Report

©2013 Monument Street Publishing. All Rights Reserved. Protected by copyright laws of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), of content from this website, in whole or in part, is strictly prohibited without the express written permission of Monument Street Publishing. 105 West Monument Street, Baltimore MD 21201, Email: customerservice@moneymorning.com

Disclaimer: Nothing published by Money Morning should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investent advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication, or after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended by Money Morning should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

Money Morning Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules