Undervalue Biotech Stocks Although recession ma
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Although recession may be on everyone's mind, these undervalued biotech stocks to buy feature extraordinary relevance at a great price.
With fears of a global recession rising, it’s natural that investors have turned their back on growth-intensive names. However, this backdrop has also yielded compelling undervalued biotech stocks to buy. While very few sectors have been spared the damage stemming from soaring inflation, geopolitical instability and supply chain disruptions, the biological sciences arena offers long-term relevance.
Mainly, it doesn’t matter whether a recession is about to capsize our economy or not. Since humans remain vulnerable to various diseases and medical conditions, it’s imperative that researchers continue to move forward. Therefore, undervalued biotech stocks to buy command significant interest because at some point, they have the potential to rise substantially higher.
To be fair, the underlying sector is volatile. And many times, a company sheds basis points in the equities market for a reason — often not a good one. Still, if you have some spare funds for speculation, these undervalued stocks to buy could offer significant bang for your buck.
1. BioMarin Pharmaceutical (BMRN): With its stable balance sheet, BioMarin Pharmaceutical is well-equipped to focus on therapies for rare diseases.
2. Ionis Pharmaceuticals (IONS): One of the undervalued biotech stocks to buy with a very wide footprint, Ionis Pharmaceuticals provides a compelling case for investors.
3. Exelixis (EXEL): An advanced therapeutics firm for cancer treatment, Exelixis also enjoys a robust balance sheet, providing confidence to prospective shareholders.
4. Intuitive Surgical (ISRG): Specializing in minimally invasive surgery, Intuitive Surgical makes for one of the most intriguing undervalued biotech stocks to buy.
5. Regencell Bioscience (RGC): Focussing on treatment of ADHD, ASD and COV19 via Traditional Chinese Medicine (”TCM”) method. Stock under radar of short sellers and traders. Might be a great pick for short squeeze players.
6. Affimed (AFMD): Leveraging the body’s immune system to target and kill tumor cells, Affimed could be a great deal to pick up for speculators.
7. Vir Biotechnology (VIR): Featuring cutting-edge technologies to combat infectious diseases, the pandemic has brought much relevance to Vir Biotechnology.
8. CRISPR Therapeutics (CRSP): An exciting though controversial gene-editing firm, CRISPR Therapeutics may be one of the undervalued biotech stocks to buy for the bold contrarian.
(https://finance.yahoo.com/news/stock-market-news-live-updates-july-27-2022-113235652.html)