NTLA - 3 Monster Stocks in the Making to Buy Right Now
2023-06-25 06:07:00 ET
What's small today could become huge in the future. That's especially true in the high-stakes world of biopharmaceutical companies. Three Fool.com contributors identified what they believe could be monster stocks in the making. Here's why these chose Axsome Therapeutics (NASDAQ: AXSM) , CRISPR Therapeutics (NASDAQ: CRSP) , and Intellia Therapeutics (NASDAQ: NTLA) .
Keith Speights (Axsome Therapeutics) : Right now, Axsome Therapeutics' market capitalization stands below $4 billion. But the company has multiple arrows in its quiver. I expect that Axsome will grow much larger if only a few of them hit their mark.
Axsome already has two approved products. Auvelity won U.S. Food and Drug Administration (FDA) approval in August 2022 as a treatment for major depressive disorder (MDD). Axsome also acquired sleep-disorder drug Sunosi from Jazz Pharmaceuticals last year.
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3 Monster Stocks in the Making to Buy Right Now