3 Drug Stocks That Soared This Week: Are They Buys?
It's been a common occurrence lately for biopharmaceutical stocks to generate huge weekly gains. Only a few weeks ago, three biotech stocks jumped close to 40% in the same five-day period. The past week has been tame by comparison.
Still, though, several drugmakers enjoyed impressive gains over the past week. Catalyst Pharmaceuticals (NASDAQ: CPRX), Sucampo Pharmaceuticals (NASDAQ: SCMP), and Peregrine Pharmaceuticals (NASDAQ: PPHM) were at the top of the list. Here's what drove these drug stocks higher -- and whether or not they're smart picks for investors after their big runs.
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Source: Fool.com
