AXSM - These Up-and-Coming Stocks Are Screaming Buys Right Now
2023-04-13 05:30:00 ET
Today's tough market conditions mean many well-known stocks are trading for great prices. It's a good idea to pick them up now -- and benefit later. But it's also a good idea to explore some lesser-known names. Many of these companies are trading at interesting levels and promise growth down the road.
Biotech is the perfect place to look for up-and-coming stocks. Here, you'll find companies that have recently launched first products -- and those on the way to reaching the commercial stage. Often, you can pick them up for a fair price right now. But once earnings start rolling in, those prices may soar. Let's check out two that are screaming buys.
One of the things I like most about Axsome Therapeutics (NASDAQ: AXSM) is that all of the company's five pipeline candidates are phase 2 or more advanced. If all goes well, the biotech could bring multiple products to market within the next few years.
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These Up-and-Coming Stocks Are Screaming Buys Right Now