5 Biotechnology Stocks to Buy Now

by Portfolio Grader | April 17, 2013 9:00 am

5 Biotechnology Stocks to Buy Now

This week, five Biotechnology stocks are improving their overall rating on Portfolio Grader[1]. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).

This week, Ariad Pharmaceuticals (NASDAQ:ARIA[2]) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). ARIAD Pharmaceuticals is an oncology company that focuses on the discovery, development, and commercialization of medicines for cancer patients. For more information, get Portfolio Grader’s complete analysis of ARIA stock[3].

This week, Neurocrine Biosciences’ (NASDAQ:NBIX[4]) ratings are up from a C last week to a B. Neurocrine Biosciences is focused on the discovery and development of therapeutics for neuropsychiatric, neuroinflammatory, and neurodegenerative diseases and disorders. For more information, get Portfolio Grader’s complete analysis of NBIX stock[5].

This is a strong week for Array BioPharma (NASDAQ:ARRY[6]). The company’s rating climbs to B from the previous week’s C. Array BioPharma is a biopharmaceutical company focused on the discovery, development and commercialization of targeted small molecule drugs to treat patients afflicted with cancer, inflammatory and metabolic diseases. Shares of ARRY have increased 26.2% over the past month, better than the 0.8% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of ARRY stock[7].

This week, Celldex Therapeutics (NASDAQ:CLDX[8]) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Celldex Therapeutics is engaged in the discovery, development and commercialization of products that harness the human immune system to prevent and treat disease. For more information, get Portfolio Grader’s complete analysis of CLDX stock[9].

Insmed Inc.’s (NASDAQ:INSM[10]) ratings are looking better this week, moving up to a B from last week’s C. Insmed develops and commercializes drugs that treat metabolic diseases, endocrine disorders and oncology. For more information, get Portfolio Grader’s complete analysis of INSM stock[11].

Louis Navellier’s proprietary Portfolio Grader[12] stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here[13].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. ARIA: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ARIA
  3. For more information, get Portfolio Grader’s complete analysis of ARIA stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ARIA
  4. NBIX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBIX
  5. For more information, get Portfolio Grader’s complete analysis of NBIX stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBIX
  6. ARRY: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ARRY
  7. For more information, get Portfolio Grader’s complete analysis of ARRY stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ARRY
  8. CLDX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CLDX
  9. For more information, get Portfolio Grader’s complete analysis of CLDX stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CLDX
  10. INSM: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=INSM
  11. For more information, get Portfolio Grader’s complete analysis of INSM stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=INSM
  12. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  13. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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