This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Biotech Stocks Expected to at Least Double

BOSTON ( TheStreet) -- Investing in biotech stocks is tricky. Biotechs are usually unprofitable and burn through cash, appearing destined for shareholder dilution or bankruptcy court. Yet, those that do succeed deliver obscene returns. Dendreon (DNDN), which developed the Provenge prostate-cancer drug, has surged, on average, 68% a year since 2007.

Here are 10 of the highest-rated biotech stocks. They're exceptionally risky, but predicted by analysts to double, triple, quadruple or even quintuple in the next 12 months. Below, they are ordered by projected return, from big to biggest. Investors should investigate each company and its drug candidates.

10. NeurogesX (NGSX) develops novel pain-management therapies. NeurogesX's second-quarter loss widened 88% to $10 million, or 58 cents a share, as revenue turned positive. The operating margin remained negative. NeurogesX has $68 million of cash and $40 million of debt, equal to a quick ratio of 4.9. Its stock trades at a sales multiple of 21 and a cash flow multiple of 7.3, 79% and 60% discounts to peer averages. All five of the analysts covering NeurogesX rate its stock "buy." A median price target of $14 implies that the stock will rise 96%.

Bullish Scenario: Roth Capital Partners predicts that NeurogesX's stock will gain 123% to $16.

1 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $128.70 -0.19%
FB $78.81 -0.23%
GOOG $540.78 0.54%
TSLA $230.51 1.98%
YHOO $42.04 -1.11%

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs