2 Biotech Stocks to Buy Hand Over Fist in March
Could this be the year biotech stocks bounce back? The industry has been in a slump over the past couple of years, but it started 2024 with a bang. The SPDR S&P Biotech ETF, which tracks an industry index, is up by nearly 13% year to date.
Still, it's too early to say whether the industry will keep up this momentum all year long; we are only in March. But no matter what happens to this sector, let's consider two biotech stocks worth buying and holding on to for a while: Regeneron Pharmaceuticals (NASDAQ: REGN) and Exelixis (NASDAQ: EXEL).
Source Fool.com
Regeneron Pharmaceuticals Inc. Stock
With 34 Buy predictions and 1 Sell predictions Regeneron Pharmaceuticals Inc. is one of the favorites of our community.
As a result the target price of 957 € shows a slightly positive potential of 14.64% compared to the current price of 834.8 € for Regeneron Pharmaceuticals Inc..