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The reason why the growth stocks do so much better is that they seem to show gains in value in the hundreds of percent each decade. In contrast, it is an unusual bargain that is as much as 50 percent undervalued. - Phillip Fisher
In bioscience investing, a fundamentally-sound stock can trade at a depressed level to its true worth for many months or even years. But as the market sentiment shifts, an aggressive run usually occurs. For instance, a positive catalyst like strong data reporting often rejuvenates the stock by inducing a rapid sentimental