Vertex Pharmaceuticals: Buy at the High?
Vertex Pharmaceuticals (NASDAQ: VRTX) has climbed nearly 20% so far this year. And that leaves the stock trading a few dollars off its record high. It's not surprising Vertex has advanced. The company is about to erase investors' one big concern about its future: its dependence on one treatment area.
The company is known for its billion-dollar cystic fibrosis (CF) portfolio. But its next big product may be a treatment for blood disorders. Regulators are reviewing the candidate -- called exa-cel -- right now. And Vertex is advancing with other potential products too -- in the area of CF and beyond. Considering all of this, is Vertex a buy even at today's level? Let's find out.
First, a bit of background. Vertex is the global leader in CF treatments. The company makes a line of therapeutics called CFTR modulators that correct the functioning of CF patients' faulty CFTR protein. This faulty protein is responsible for the devastating symptoms of the disease.
Source Fool.com
Vertex Pharmaceuticals Inc. Aktie
Mit 57 Buy-Einschätzungen und nur 2 Sell-Einschätzungen ist Vertex Pharmaceuticals Inc. einer der Lieblinge unserere Community.
Die Community prognostiziert für Vertex Pharmaceuticals Inc. ein Kursziel von 440 €, was einen leichten Anstieg gegenüber 431.0 € darstellt.
