2 Beaten-Down Stocks to Avoid Right Now
The biotech industry is notoriously volatile. Drugmakers often face significant challenges that send their stocks plummeting. Sometimes that creates an attractive entry point, provided we can reasonably expect the company in question to bounce back. But at other times it's not worth investing in a biotech stock that has lost significant market value, as the risks are still too high.
That's the case with Intellia Therapeutics (NASDAQ: NTLA) and Sarepta Therapeutics (NASDAQ: SRPT). These two biotechs have faced headwinds this year that have sent their share prices sinking, but investors should think twice before buying the dip.
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Source Fool.com
Sarepta Therapeutics Stock
€15.20
6.260%
The community is currently still undecided about Sarepta Therapeutics with 2 Buy predictions and 0 Sell predictions.
With a target price of 135 € there is potential for a 788.16% increase which would mean more than doubling the current price of 15.2 € for Sarepta Therapeutics.
