3 Biotech Stocks That Turned $1,000 Into More Than $5,000 This Year
It's been a banner year for anyone who started 2017 holding shares of AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO), XOMA Corporation (NASDAQ: XOMA), or Dynavax Technologies Corporation (NASDAQ: DVAX). All three of these stocks have risen more than 400% this year, and there are still a couple of months to go.
You should never buy stocks just because they're going up, but understanding why they spiked can help you decide if there's more upside ahead. Here's a closer look at what lit a fire under these rockets, and what needs to happen for their respective rallies to continue.
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Source: Fool.com
