MDGL - Is Madrigal Pharmaceuticals a Millionaire Maker?
2024-06-30 12:02:00 ET
Madrigal Pharmaceuticals (NASDAQ: MDGL) is at a moment of great opportunity, and there's a decent chance that its shareholders will feel good about their investments over the next few years. After commercializing its first medicine, which treats a condition no other medicines can currently treat, the next step will be for it to chow down on as much of its target market as possible before other players show up.
With such a favorable setup, could it be the case that an investment in it made today would lead to building wealth on the scale of $1 million? It's not as unlikely as it sounds, so let's look at the details.
For Madrigal to make an investor who bought the stock today into a millionaire, several things would need to happen in conjunction.
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Is Madrigal Pharmaceuticals a Millionaire Maker?