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3 High-Risk, High-Reward Stocks to Add to Your Watch List


Most investors know that young biotech companies are risky investments. Between the unpredictable drug development process, the high costs of clinical trials, and fierce competition, many fledgling biotechs simply won't survive into adulthood. For the few companies that make it, however, their early shareholders can become rich.

All three of the companies I'll discuss today are in the process of developing their first therapies and advancing them through clinical trials. These companies have the potential for plenty of growth in the long term -- but only if they can overcome their near-term obstacles. Adding these stocks to your watch list will help you keep track of whether the market thinks they're any closer to regular and reliable success, and will alert you to potential opportunities to invest.

Image source: Getty Images.

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Source Fool.com

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