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6 Biotech Stocks That Investors Hate but Analysts Love

  +Follow June 27, 2013 7:51PM
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Sometimes there are stocks that take a beating, but for whatever reason, the analysts won’t let them go. We decided to look at stocks that have had a rough go, but according to the analysts, are set to rebound any time. Specifically, for this article, we looked at the biotech sector.

Here’s the criteria we used: we decided to look at stocks that were down for the quarter but still had a “strong buy” rating from analysts. We further refined our search by focusing only on stocks above $4 a share to eliminate the more volatile ones.

We found six stocks that fit our criteria. Here they are:

Durata Therapeutics (DRTX) Chicago-based antibiotic developer Durata raised $74 million in an October 2012 IPO. Their main drug in development is dalbavancin, which treats skin infections. A December 2012 trial went well. Analysts still believe in the product’s future. Despite sitting near its 52 week low at $7 a share, Durata is up 1.74 percent.

Coronado Biosciences (CNDO) The immunotherapy drug development company is up 1.01 percent to $7.99 a share, and despite a dip the last few months, they’re up almost 67.58 percent on the year. Coronado recently announced they are hosting a conference looking for new investors.

Anacor Pharmaceuticals (ANAC) Anacor descirbes themselves as “hav(ing) discovered and advanced into clinical development several novel and proprietary boron-based product candidates.” They are up 4.34 percent to $5.53 a share. In June Anacor entered into a $45 million dollar term loan with Hercules Tech (HTGC.)

OncoGenex Pharmaceuticals (OGXI) OncoGenex gained 2.73 percent to hit $9.80 a share, though it’s down for the quarter and year (over 20 percent YTD.) Zacks is high on them, citing their drug OGX-011 that is “the lead candidate currently completing five Phase 2 clinical studies in prostate, lung and breast cancers.”

Lpath Inc. (LPTN) Lpath lost 1.94 percent to hit $4.56 a share, and is down for the year. This San Diego-based biotech company works on drugs that prevent macular degeneration. According to the New York Times, Lpath is advancing has completed a phase-I clinical trial for the drug ASONEP and is entering phase-II clinical trials in Renal Cell Carcinoma.

Array BioPharma(ARRY) Array is up 2.65 percent to hit $4.64 a share, down from their 52 week high of $6.56. Analysts are still bullish on the stock following promising trials for their p38 inhibitors that could have therapeutic effects on osteoarthritis.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.


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Results for DRTX
Stockaholics
21 Sep 14 22:51:03
$ELRA closed up 288.89% on over 315 MILLION Volume! Get our new penny stock picks: http://t.co/qloC4OFNEn $DRTX $VIPS $XRA
Stockaholics
21 Sep 14 22:28:20
$ELRA closed up 288.89% on over 315 MILLION Volume! Get our new penny stock picks: http://t.co/qloC4OFNEn $SRGE $BEST $DRTX
Marisa Esformes
21 Sep 14 20:11:42
$TEMN $CDZI $PCRX $DRTX $MINE $YHOO
Stockaholics
21 Sep 14 18:17:36
$ELRA closed up 288.89% on over 315 MILLION Volume! Get our new penny stock picks: http://t.co/qloC4OFNEn $DRTX $VIPS $XRA
Stockaholics
21 Sep 14 15:57:11
$ELRA closed up 288.89% on over 315 MILLION Volume! Get our new penny stock picks: http://t.co/qloC4OFNEn $SRGE $BEST $DRTX
Stockaholics
21 Sep 14 12:23:10
$ELRA closed up 288.89% on over 315 MILLION Volume! Get our new penny stock picks: http://t.co/qloC4OFNEn $DRTX $VIPS $XRA
Stockaholics
21 Sep 14 12:03:50
$ELRA closed up 288.89% on over 315 MILLION Volume! Get our new penny stock picks: http://t.co/qloC4OFNEn $SRGE $BEST $DRTX
Stockaholics
21 Sep 14 02:44:33
$ELRA closed up 288.89% on over 315 MILLION Volume! Get our new penny stock picks: http://t.co/qloC4OFNEn $DRTX $VIPS $XRA
Stockaholics
21 Sep 14 02:26:01
$ELRA closed up 288.89% on over 315 MILLION Volume! Get our new penny stock picks: http://t.co/qloC4OFNEn $SRGE $BEST $DRTX
Stockaholics
20 Sep 14 07:59:32
$ELRA closed up 288.89% on over 315 MILLION Volume! Get our new penny stock picks: http://t.co/qloC4OFNEn $DRTX $VIPS $XRA
Gotham City Capital
20 Sep 14 01:57:16
$TTPH Very Surprised This Thing Is Holding.. Extremely Expensive To Piers $CEMP $DRTX.. LONG $CEMP http://t.co/U3FIrKOx8J
Alexander Morris
19 Sep 14 08:31:14
$DRTX: At 1DyHIGH=14.15, hits:1, phNearCl:BrkPHi[-1.5%], tf:3e, FirmTrnd-:+50%, LowFlt[9.8M], HiPctSht[29%:9d], DyVol:51T:0.3x:0.2x
Stock Rocket
18 Sep 14 23:15:31
$NETE Gained 551.93% In The Past 6 Weeks! Major News: http://t.co/PU7GW934W5 $DRTX $VIPS $XRA
Stock Rocket
18 Sep 14 22:46:48
$NETE Gained 551.93% In The Past 6 Weeks! Major News: http://t.co/h5N34SPJ6o $SRGE $BEST $DRTX
Gotham City Capital
18 Sep 14 16:20:29
This Is Good For $CEMP $TTPH $CBST $DRTX http://t.co/dgHoUg1TRs
Biotech-Catalyst
18 Sep 14 11:11:16
$CBST $DRTX $TTPH $AKAO
Stock Rocket
18 Sep 14 10:02:16
$NETE Gained 551.93% In The Past 6 Weeks! Major News: http://t.co/h5N34SPJ6o $DRTX $VIPS $XRA
Stock Rocket
18 Sep 14 09:32:02
$NETE Gained 551.93% In The Past 6 Weeks! Major News: http://t.co/PU7GW934W5 $SRGE $BEST $DRTX
TipRanks
18 Sep 14 07:49:09
4-star analyst Ed Arce from Roth Capital maintained a BUY rating on $DRTX. Ed has a +16.0% average return http://t.co/FeLBL8hmiQ
dougheuring
18 Sep 14 04:47:22
rbc - Antibiotics landscape is heating up Over the next 2-years ~20 Phase III antibiotics will read out $cbst $drtx http://t.co/TE4l0ybB7X
TickerChirp
18 Sep 14 03:38:05
The Top Tweets About $DRTX on 09/18/2014 http://t.co/c9jRLT2ExO
Stock Rocket
18 Sep 14 01:36:10
$NETE Gained 551.93% In The Past 6 Weeks! Major News: http://t.co/PU7GW934W5 $DRTX $VIPS $XRA
Stock Rocket
18 Sep 14 01:11:55
$NETE Gained 551.93% In The Past 6 Weeks! Major News: http://t.co/PU7GW934W5 $SRGE $BEST $DRTX
Stock Rocket
17 Sep 14 21:33:32
$NETE Gained 551.93% In The Past 6 Weeks! Major News: http://t.co/PU7GW934W5 $DRTX $VIPS $XRA
Stock Rocket
17 Sep 14 21:02:54
$NETE Gained 551.93% In The Past 6 Weeks! Major News: http://t.co/PU7GW934W5 $SRGE $BEST $DRTX
chartguy89
17 Sep 14 16:07:27
DRTX 13.92 Stock Charts $DRTX Durata Therapeutics Inc. (NASDAQ) Last Updated: 09/17/2014 18:07:33 DRTX Stock C http://t.co/fQqvTzz2YV
Stock Rocket
17 Sep 14 14:38:57
$NETE Gained 551.93% In The Past 6 Weeks! Major News: http://t.co/h5N34SPJ6o $DRTX $VIPS $XRA
Stock Rocket
17 Sep 14 14:13:45
$NETE Gained 551.93% In The Past 6 Weeks! Major News: http://t.co/h5N34SPJ6o $SRGE $BEST $DRTX
Cedric Invest
17 Sep 14 11:25:15
$DRTX $MDCO Durata Therapeutics: We Recommend Adding To Positions At These Levels, Says Roth Capital http://t.co/Em6E3b5tyr
Smarter Analyst
17 Sep 14 08:25:32
$DRTX $MDCO Durata Therapeutics: We Recommend Adding To Positions At These Levels, Says Roth Capital http://t.co/1StHBPpfQ1
Jolene Lau
17 Sep 14 07:25:34
$MDCO call 9/16: Orbactiv $2900/Tx; ~1/3 discount on $DRTX's Dalvance but > $CBST's Sivextro. Launch wk of 10/22. #antibiotics #pharma
Gotham City Capital
17 Sep 14 02:57:54
$DRTX Watching For Potential Intraday Bounce Trade Here.. $DRTX http://t.co/FAVmu9oHVL
Stockaholics
17 Sep 14 00:39:50
Our Platinum Penny Stock Picks, Gained 90% In The Past 2 Days! Get our next pick early: http://t.co/LyyZVaNIiN $DRTX $VIPS $XRA
Stockaholics
16 Sep 14 13:31:33
$BRNW Ran Up 145% So Far Today! Huge News: http://t.co/agBJ7Ngnzq $DRTX $VIPS $XRA
Stockaholics
16 Sep 14 13:13:08
$BRNW Ran Up 145% So Far Today! Huge News: http://t.co/agBJ7Ngnzq $SRGE $BEST $DRTX
Stockaholics
15 Sep 14 21:51:06
Our SECRET Alert on $INOH Closed Up 60% For Platinum Members Today! Major News: https://t.co/HzD6J3YtmW $DRTX $VIPS $XRA
Stockaholics
15 Sep 14 21:35:41
Our SECRET Alert on $INOH Closed Up 60% For Platinum Members Today! Major News: https://t.co/HzD6J3YtmW $SRGE $BEST $DRTX
Gotham City Capital
15 Sep 14 16:19:58
$DRTX On Watch For Intraday Bounce Off Of Trend Line Support. http://t.co/XaCqu5dmqi
				
				
  +Follow June 27, 2013 7:51PM
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