7 Biotechnology Stocks to Sell Now

Advertisement

The overall ratings of seven Biotechnology stocks are down on Portfolio Grader this week. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Genomic Health’s (NASDAQ:GHDX) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. Genomic Health is a life science company, which is focused on the development and commercialization of genomic-based clinical diagnostic tests for cancer that allow physicians and patients to make individualized treatment decisions. For Portfolio Grader’s specific subcategory of Earnings Revisions, GHDX also gets an F. The stock has a trailing PE Ratio of 176.10. For more information, get Portfolio Grader’s complete analysis of GHDX stock.

The rating of Acorda Therapeutics (NASDAQ:ACOR) declines this week from a C to a D. Acorda Therapeutics is a commercial stage biopharmaceutical company dedicated to the identification, development and commercialization of novel therapies that improve neurological function in people with multiple sclerosis (MS), spinal cord injury and other disorders of the central nervous system. The stock gets F’s in Earnings Revisions and Sales Growth. For a full analysis of ACOR stock, visit Portfolio Grader.

Slipping from a C to a D rating, Amarin (NASDAQ:AMRN) takes a hit this week. Amarin focuses on developing the treatment for cardiovascular disease in the field of lipid science. In Earnings Growth, Earnings Revisions, Equity, and Cash Flow the stock gets F’s. The stock price has dropped 5.4% over the past month, worse than the 1.3% decrease the Nasdaq has seen over the same period of time. As of July 24, 2013, 16.4% of outstanding Amarin shares were held short. To get an in-depth look at AMRN, get Portfolio Grader’s complete analysis of AMRN stock.

Exelixis’ (NASDAQ:EXEL) rating falls this week to an F (“strong sell”), down from last week’s D (“sell”). Exelixisis a development-stage biotechnology company dedicated to the discovery and development of small-molecule therapeutics for the treatment of cancer and other serious diseases. The stock receives F’s in Earnings Growth, Earnings Momentum, and Equity. Margin Growth and Sales Growth also get F’s. As of July 24, 2013, 19.5% of outstanding Exelixis shares were held short. For a full analysis of EXEL stock, visit Portfolio Grader.

Trius Therapeutics (NASDAQ:TSRX) earns a D this week, moving down from last week’s grade of C. Trius Therapeutics is a biopharmaceutical company. The stock gets F’s in Earnings Growth, Earnings Momentum, and Equity. Cash Flow and Sales Growth also get F’s. For more information, get Portfolio Grader’s complete analysis of TSRX stock.

Discovery Laboratories’ (NASDAQ:DSCO) rating weakens this week, dropping to a D versus last week’s C. Discovery Laboratories is a biotechnology company focused on developing products for the treatment of respiratory disease. The stock gets F’s in Equity and Cash Flow. As of July 24, 2013, 10.2% of outstanding Discovery Laboratories shares were held short. To get an in-depth look at DSCO, get Portfolio Grader’s complete analysis of DSCO stock.

The rating of Achillion (NASDAQ:ACHN) slips from a C to a D. Achillion focuses on the discovery, development and commercialization of innovative treatments for infectious diseases. The stock also rates an F in Equity. As of July 24, 2013, 13.9% of outstanding Achillion shares were held short. For a full analysis of ACHN stock, visit Portfolio Grader.

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, https://investorplace.com/2013/07/7-biotechnology-stocks-to-sell-now-ghdx-acor-amrn-14/.

©2024 InvestorPlace Media, LLC