Wednesday, May 6, 2015

Biotech Stocks to Watch in May 2015: Amgen Inc. (NASDAQ/AMGN), Biogen Inc. (NASDAQ/BIIB)

The best biotech stocks to watch for in May 2015 are businesses that dominate their respective market, command a diverse drug pipeline, and have lots of profits to show for it.
Profitability is crucial given that the NASDAQ Biotechnology Index continues to climb higher, gaining 12% in 2015 and adding to the 36% increase in 2014. Biotech stocks with extended valuations will be the first to sell off when euphoria wears off and investor expectations regarding future profits normalize. So, let’s focus on the best biotech stocks—ones with strong earnings and reasonable valuations. (more)

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