7 Biotechnology Stocks to Sell Now

by Portfolio Grader | August 14, 2013 9:00 am

This week, the ratings of seven Biotechnology stocks on Portfolio Grader[1] are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Genomic Health, Inc.’s (NASDAQ:GHDX[2]) 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. GHDX also rates an F in Portfolio Grader’s specific subcategory of Earnings Revisions. The stock’s trailing PE Ratio is 858.50. To get an in-depth look at GHDX, get Portfolio Grader’s complete analysis of GHDX stock[3].

This week, Acorda Therapeutics, Inc. (NASDAQ:ACOR[4]) drops from a C to a D rating. 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. The stock price has fallen 6.4% over the past month, worse than the 1.3% decrease the Nasdaq has seen over the same period of time. For a full analysis of ACOR stock, visit Portfolio Grader[5].

Amarin Corporation Plc Sponsored ADR (NASDAQ:AMRN[6]) gets weaker ratings this week as last week’s C drops to a D. Amarin focuses on developing the treatment for cardiovascular disease in the field of lipid science. The stock receives F’s in Earnings Growth, Earnings Revisions, Equity, and Cash Flow. As of Aug. 14, 2013, 15.6% of outstanding Amarin Corporation Plc Sponsored ADR shares were held short. To get an in-depth look at AMRN, get Portfolio Grader’s complete analysis of AMRN stock[7].

Exelixis, Inc. (NASDAQ:EXEL[8]) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a 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 gets F’s in Earnings Growth, Earnings Momentum, and Equity. Margin Growth and Sales Growth also get F’s. As of Aug. 14, 2013, 19.2% of outstanding Exelixis, Inc. shares were held short. For a full analysis of EXEL stock, visit Portfolio Grader[9].

The rating of Trius Therapeutics, Inc. (NASDAQ:TSRX[10]) slips from a C to a D. Trius Therapeutics is a biopharmaceutical company. The stock receives 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[11].

The rating of Discovery Laboratories (NASDAQ:DSCO[12]) declines this week from a C to a D. 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. To get an in-depth look at DSCO, get Portfolio Grader’s complete analysis of DSCO stock[13].

This is a rough week for Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN[14]). The company’s rating falls to D from the previous week’s C. Achillion focuses on the discovery, development and commercialization of innovative treatments for infectious diseases. The stock also rates an F in Equity. As of Aug. 14, 2013, 15.2% of outstanding Achillion Pharmaceuticals, Inc. shares were held short. For a full analysis of ACHN stock, visit Portfolio Grader[15].

Louis Navellier’s proprietary Portfolio Grader[16] 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[17].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. GHDX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GHDX
  3. To get an in-depth look at GHDX, get Portfolio Grader’s complete analysis of GHDX stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GHDX
  4. ACOR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ACOR
  5. For a full analysis of ACOR stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ACOR
  6. AMRN: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AMRN
  7. To get an in-depth look at AMRN, get Portfolio Grader’s complete analysis of AMRN stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AMRN
  8. EXEL: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=EXEL
  9. For a full analysis of EXEL stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=EXEL
  10. TSRX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TSRX
  11. For more information, get Portfolio Grader’s complete analysis of TSRX stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TSRX
  12. DSCO: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DSCO
  13. To get an in-depth look at DSCO, get Portfolio Grader’s complete analysis of DSCO stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DSCO
  14. ACHN: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ACHN
  15. For a full analysis of ACHN stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ACHN
  16. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  17. here: http://navelliergrowth.investorplace.com/portfolio-grader/

Source URL: http://investorplace.com/2013/08/7-biotechnology-stocks-to-sell-now-ghdx-acor-amrn-17/
Short URL: http://invstplc.com/1fytCvT