JNJ - Could Fate Therapeutics Be a Millionaire-Maker Stock?
As a clinical-stage immunotherapy company, Fate Therapeutics (NASDAQ: FATE) has a long way to go before it has recurring revenue, but it could make a few millionaires in the meantime. Thanks to its powerful platform that enables the efficient mass production of high-impact and high-complexity cellular therapies for cancers and immune disorders, its manufacturing technology licensing revenues alone could be a gold mine.
On the other hand, ambitious biotechs like Fate often fail to deliver on core promises as a result of unnavigable scientific obstacles, and inflated stock prices can easily lure investors into a speculative trap. Should Fate have a place in your aggressive maximum-growth portfolio, or is it too risky to touch?
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