2 Market-Beating Stocks With Major Catalysts on the Way
For those seeking stocks that have trounced the market over the past year, the biotech sector might be an excellent place to start. The SPDR S&P Biotech Index ETF, an industry benchmark, has climbed 34% over the trailing-12-month period, nearly three times the gains of the S&P 500.
Two drugmakers that have done particularly well for themselves are Vertex Pharmaceuticals (NASDAQ: VRTX) and Biogen (NASDAQ: BIIB). Moreover, both companies expect catalysts that could send their results even higher. Let's consider whether that makes either stock a buy.
Source Fool.com
Biogen Inc. Stock
The stock is one of the favorites of our community with 52 Buy predictions and 1 Sell predictions.
With a target price of 291 € there is a positive potential of 47.04% for Biogen Inc. compared to the current price of 197.9 €.