Better Buy: Viking Therapeutics vs. Madrigal Pharmaceuticals
Relatively small biotechs can see their shares soar -- sometimes significantly -- following positive clinical or regulatory news.
That's what has happened this year to Viking Therapeutics (NASDAQ: VKTX), a mid-cap biotech, with its stock price up by nearly 300% since January. Madrigal Pharmaceuticals (NASDAQ: MDGL), another mid-cap drugmaker, hasn't been so lucky in 2024 despite hitting an important milestone; its shares are up by a much less impressive 7% year to date.
That said, Viking and Madrigal are still early in the game. Both could be just at the beginning of their growth journeys. Which one looks like the better option for long-term investors right now? Let's find out.
Source Fool.com
Viking Therapeutics Inc Stock
€55.20
10.950%
Currently there is a rather positive sentiment for Viking Therapeutics Inc with 5 Buy predictions and 1 Sell predictions.
As a result the target price of 110 € shows a very positive potential of 99.28% compared to the current price of 55.2 € for Viking Therapeutics Inc.
