2 Stocks to Watch in September
With the latest batch of quarterly operating results behind most companies and rising economic anxiety across the globe, it's likely that most stocks will be driven by macro and sector-specific forces in the near term. But that may not be true for biodiesel producer Renewable Energy Group (NASDAQ: REGI) and pharma giant Novo Nordisk (NYSE: NVO).
Events taking place this September have the potential to leave a lasting mark on the two businesses. Renewable Energy Group's long-term future -- and a pending $370 million windfall -- could be heavily influenced by Congress returning to session after its summer recess. Meanwhile, U.S. regulators will hand down a decision on Novo Nordisk's most important drug candidate, oral semaglutide, by the end of the month. Some analysts expect the drug to deliver peak annual sales of $5 billion, which would inject much-needed growth into the pharma giant.
Here's why investors looking for a little excitement should watch these two stocks this September.
Source Fool.com
