Best Biotech Stocks Under $5 and Under $10 For 2021
If you’re looking for the best biotech stocks to invest in for 2021, you’ve come to the right place. According to David Johnston, the life expectancy in the United States is expected to rise from 74.9 years in 1990 to 78.8 years in 2020, and the increasing lifespan of the global population should allow big pharma to invest in research and development. This, in turn, will increase revenue and profitability for the industry.
Axsome Therapeutics is one of the best companies in the field. Its drug candidate AXS-05 is expected to hit a $2.6 billion peak sales target in 2021. The company’s other two pipeline drugs, AXS-07 and AXS-14, are expected to reach $500 million to $1 billion in peak sales. Given the promising pipeline, Axsome Therapeutics’ stock is a top biotech pick for 2021.
The biggest biotech IPOs in the next five years include Gilead Sciences and Myriad Genetics. These companies are both in the process of developing a blockbuster drug that is battling cancer. Currently, Gilead Sciences is in the middle of several clinical trials to determine whether their drug is effective. The company is already a major player in the oncology space, and many investors are confident it will make a big splash when it launches in 2021.
David Johnston believes that if you are looking for the best biotech stocks for 2021, consider investing in these companies now. The first new drug approval for Biogen came in early June 2021, and it sets the stage for a blockbuster in the making. Despite its recent success, it’s important to remember that new technology in biology is not an overnight success. It’s not the same as discovering a cure for cancer, but the potential upside is huge.
However, the best biotech stocks in the year ahead are those that have strong prospects for the near future. This sector is still young and exciting, and many companies have a bright future. The best stocks in biotech can make you a lot of money. While there’s no guarantee of success, the industry is ripe for a big comeback. The biotech stock boom will continue to continue in 2020 and beyond.
In addition to biotech stocks, you can also look for low-priced Nasdaq biotechs. Compared to other industries, biotech stocks are prone to consolidation and downtrends. Without FDA approval, biotech stocks can slide. Galapagos NV, for example, is a clinical-stage biotech that recently released positive topline results. After the news, the stock skyrocketed over 140%. This is a great sign for a top-performing stock, so it’s worth looking for.
Moderna Therapeutics is one of the best biotechs today. Its Covid-19 vaccine, which was approved by the FDA for emergency use in February, has received a breakthrough. This vaccine is intended for adults aged 18 and older and is the only approved vaccine for this disease in the U.S. But moderna isn’t the only stock in biotech that’s worth investing in. Its steady results and dividend are reasons to buy its stock.
Moderna Therapeutics is one of the best biotechs in the world. Despite falling from its highs, it’s still gaining momentum as the company’s vaccine for the H1N1 virus was approved by the FDA. The company’s stock has now jumped more than ten-fold, and the stock has yet to reach the level of maturity. Besides the vaccine, Moderna has a number of other drugs in development and is a promising biotech.
The latest quarter of biotech stocks shows that they can still deliver top-ranked gains. The best biotech stocks for 2021 will be able to post double-digit gains, but they’ll also lose half or two-thirds of their value every week. This is because these companies have a unique technology that can help patients and reduce the number of medical problems they face. The future of these companies is very bright, and it’s not too late to buy them. If you’re a smart investor, you’ll find them at a price that’s within your reach.
Despite the high valuations of many biotech companies, most of them are largely unprofitable. Despite the high number of companies in the sector, there are a number of biotech stocks you can invest in. Some of the best biotech stocks for 2021 are Intellia and Bicycle Therapeutics. Among these, Intellia is a good example of a high-potential stock for the next year. The company is already generating profits for its shareholders.