Is Recursion Pharmaceuticals a Millionaire-Maker Stock?
As many veteran investors can attest, biotech stocks are tricky to trade. Their potential upside is enormous, but so is their risk. Too many of these names end up being complete busts. If you pick the right biotechnology name though...ka-ching! Holding a big enough stake in one of these winners could make you a millionaire.
With that as the backdrop, here's a closer look at a curious biotech name, Recursion Pharmaceuticals (NASDAQ: RXRX). It's risky, but it's not unreasonable to say this company has game-changing, millionaire-making potential.
Never heard of it? Don't sweat it. Plenty of people haven't. Its $2 billion market capitalization doesn't turn many heads. Losses that are persistently greater than its scant revenue don't draw a crowd either.
Source Fool.com
