Thought I would start a new thread for sharing tips on buying biotech stocks in 2017. Firstly understand what biotech companies are involved into ,biotech companies are mainly involved in activities related to genetic material of animals, plant and microorganism as well as the biochemical pathways and related disorders and diseases. Biotech companies tend to co-relate knowledge of genotype for application in phenotypic development. Also at the same time finding the ways by which new chemical compound or bio-molecules structure or proteins can be synthesized. By doing so biotech companies develops new drugs or bio-molecules which can be useful to treat any disease or disorders. Biotech activities are not restricted to health care industries only but can also be applied in various fields like petroleum industries, beverages, in agriculture & environmental optimisation
Consider some criteria while choosing biotech stocks to buy :-
1. Watch for companies researching areas such as cancer, AIDS, diabetes, heart disease, neurological diseases, immunological diseases, viral infections and tissue regeneration, where there is a high degree of incidence in the population. Success in these areas will ensure the company a faster return on their investment in R&D and licensing efforts.
2. A robust network of cooperative support is a sign that an organisation is financially and logistically stable
3. Previously highly valued stock might be found at a lower price if the company has recently gone through a rough patch and experienced some difficulties. The stock market is often hard on companies that hit a temporary glitch, overreacting to any news, whether it good or bad.
Would like to share some top biotech stocks :
- Enzo Biochem - Exelixis - Heska Corp - Incyte Corporation Read more about these stock performance : Top biotech companies in 2017