1 Cathie Wood Stock That Could Double Your Money
Cathie Wood's Ark Investment Management has deemed CRISPR/Cas 9 genome editing as "biotech's breakthrough of the century." Back in 2018, Ark identified this gene-editing tool as a potential $2 trillion-a-year opportunity, thanks to its potential to disrupt the treatment of 10,000 monogenic human diseases, aquaculture, and medical diagnostics.
After a dramatic sell-off in CRISPR/Cas 9 gene-editing stocks during the 2022 bear market, Wood's flagship fund has been steadily buying shares of Intellia Therapeutics (NASDAQ: NTLA) in 2023. Intellia is the second most advanced CRISPR/Cas9 player among the space's small contingent of publicly traded companies.
Source Fool.com
Intellia Therapeutics Inc Stock
With 17 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 60 € there is potential for a 146.91% increase which would mean more than doubling the current price of 24.3 € for Intellia Therapeutics Inc.