3 Drug Stocks That Soared This Week: Are They Buys?

3 Drug Stocks That Soared This Week: Are They Buys?

Most investors would be quite happy to get a 20% return over the course of a year. Of course "happy" wouldn't begin to describe the feeling of getting an even better return than that in just a week. But that's just what three drug stocks did over the last five days, with two of them achieving much-higher gains.

Endocyte (NASDAQ: ECYT), MannKind (NASDAQ: MNKD), and Mylan (NASDAQ: MYL) saw their stocks soar this week after floundering for much of 2017. Let's see why these drug stocks took off -- and whether they're smart picks for investors.

Image source: Getty Images.

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Source: Fool.com