5 Biotechnology Stocks to Buy Now

ARIA, NBIX, ARRY, CLDX, INSM improve in weekly rankings

   
5 Biotechnology Stocks to Buy Now

The grades of five Biotechnology stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

Ariad Pharmaceuticals (NASDAQ:ARIA) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. 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.

Neurocrine Biosciences (NASDAQ:NBIX) gets a higher grade this week, advancing 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. The stock price has risen 9.1% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of NBIX stock.

Array BioPharma (NASDAQ:ARRY) earns a B this week, jumping up from last week’s grade of 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. For more information, get Portfolio Grader’s complete analysis of ARRY stock.

This week, Celldex Therapeutics (NASDAQ:CLDX) 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.

Insmed Inc. (NASDAQ:INSM) is seeing ratings go up from a C last week to a B this week. 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.

Louis Navellier’s proprietary Portfolio Grader 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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/07/5-biotechnology-stocks-to-buy-now-aria-nbix-arry-16/.

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