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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
K. Trox
30 Sep 14 06:27:49
Watching: $CPRX $SPEX $DRTX $CNET $ETRM $PTIE $RNN $BAXS $DMPI $TRTC $ATTBF $EBAY $YHOO $SFLY
Stockaholics
30 Sep 14 02:26:16
$VOIS gained 218.52% in less than 3 weeks, after our Penny Stock Alerts! Major Update: http://t.co/HglCNdSVSO $DRTX $VIPS $XRA
Stockaholics
29 Sep 14 20:31:46
$VOIS gained 218.52% in less than 3 weeks, after our Penny Stock Alerts! Major Update: http://t.co/HglCNdSVSO $DRTX $VIPS $XRA
Stockaholics
29 Sep 14 20:14:28
$VOIS gained 218.52% in less than 3 weeks, after our Penny Stock Alerts! Major Update: http://t.co/HglCNdSVSO $SRGE $BEST $DRTX
Stockaholics
29 Sep 14 15:30:12
$VOIS gained 218.52% in less than 3 weeks, after our Penny Stock Alerts! Major Update: http://t.co/HglCNdSVSO $DRTX $VIPS $XRA
Stockaholics
29 Sep 14 15:12:59
$VOIS gained 218.52% in less than 3 weeks, after our Penny Stock Alerts! Major Update: http://t.co/HglCNdSVSO $SRGE $BEST $DRTX
Stockaholics
29 Sep 14 09:55:28
Subscribe to our penny stock newsletter, for FREE! We have some huge picks on the way: http://t.co/buedBpPSUK $DRTX $VIPS $XRA
Stockaholics
29 Sep 14 09:38:17
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Alexander Morris
29 Sep 14 08:58:06
$DRTX: Exc 1DyHIGH=13.35, hits:2, ch:+1.7%, 0phNewHi, FltBO-, AtgPivH4, tf:0011111, LowFlt[9.8M], HiPctSht[34%:11d], DyVol:89T:0.4x:0.3x
Stockaholics
28 Sep 14 10:00:06
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Stockaholics
28 Sep 14 09:44:31
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Stockaholics
27 Sep 14 03:30:28
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Joe
26 Sep 14 19:27:24
@MauriceOnTW @lomu_j $drrx too. And look how they handled Dalvance. Took huge write off & sold to $drtx for pennies.
Stockaholics
26 Sep 14 18:56:16
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Stockaholics
26 Sep 14 18:38:55
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Financial Doctor
26 Sep 14 10:53:57
$DRTX another great opportunity, $14 coming soon.
Ram Charan
26 Sep 14 08:17:51
$DRTX covered short at 12.95 for +1.45
Van Dinh
26 Sep 14 07:20:49
RT @TroxK: Wild day. A lot to go over now that dust is settling: $THLD $DRTX $PTIE $NAVB $ETRM $ALIM $PSDV $ALXA $NURO $NEPT $BAXS $MSTX $H…
K. Trox
26 Sep 14 07:03:15
$DRTX below $13 is a steal. $26 PT or B/O PT
K. Trox
26 Sep 14 06:26:35
Watching: $DRTX $CPRX $PTIE $NAVB $ETRM $ONCS $MSTX $GALE $RNN $HEB $RSH $WTSL $SGYP $TNXP $INVE
Stockaholics
25 Sep 14 18:28:15
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Stockaholics
25 Sep 14 18:09:43
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Equities.com
25 Sep 14 16:34:05
Durata Therapeutics Inc. (DRTX) Drops 5.95% on September 25 $DRTX http://t.co/JavaVeE2u2
Time=Best Stock
25 Sep 14 13:38:38
RT @TroxK: Wild day. A lot to go over now that dust is settling: $THLD $DRTX $PTIE $NAVB $ETRM $ALIM $PSDV $ALXA $NURO $NEPT $BAXS $MSTX $H…
K. Trox
25 Sep 14 13:29:37
Wild day. A lot to go over now that dust is settling: $THLD $DRTX $PTIE $NAVB $ETRM $ALIM $PSDV $ALXA $NURO $NEPT $BAXS $MSTX $HEB $WTSL
Time=Best Stock
25 Sep 14 11:42:48
RT @TroxK: $DRTX at bargain levels
K. Trox
25 Sep 14 11:37:32
$DRTX at bargain levels
Stockaholics
25 Sep 14 04:53:46
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Stockaholics
24 Sep 14 10:49:41
$VPRO Shot Up As Much As 275% So Far Today! Major Update: http://t.co/pYOF22P8Fz $DRTX $VIPS $XRA
Time=Best Stock
24 Sep 14 08:55:27
RT @TroxK: $DRTX back north of $14
K. Trox
24 Sep 14 08:52:15
$DRTX back north of $14
K. Trox
24 Sep 14 06:19:37
Watch-list: $EBAY $SFLY $TNXP $PSDV $INVE $DWCH $LJPC $DRTX $RMTI $NVAB $ETRM $ONCS $IMUC $CBLI $CPHI $DEJ $APP $WTSL $RSH
Stockaholics
23 Sep 14 22:06:59
$NEWL Up 166.7% So Far Today, After Our Penny Stock Blog Alert! Huge News: http://t.co/GCqzlVLYIK $DRTX $VIPS $XRA
Gotham City Capital
23 Sep 14 16:21:50
$DRTX Nice, Reliable Bounce Off Of This TL As Usual.. http://t.co/XaCqu5dmqi
Stockaholics
23 Sep 14 15:49:23
$NEWL Up 166.7% So Far Today, After Our Penny Stock Blog Alert! Huge News: http://t.co/GCqzlVLYIK $DRTX $VIPS $XRA
Stockaholics
23 Sep 14 09:15:02
Major New SECRET Penny Stock Pick Coming Today! Check it out: http://t.co/xbwXVw0Wum $DRTX $VIPS $XRA
Stockaholics
23 Sep 14 08:58:38
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K. Trox
23 Sep 14 06:28:11
Watching $DRTX $DWCH $YHOO $BABA $EBAY $SFLY $INVE $APPY $OXGN $OREX $THLD
Stockaholics
23 Sep 14 05:33:58
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Stockaholics
23 Sep 14 05:17:53
Major New SECRET Penny Stock Pick Coming Today! Check it out: http://t.co/xbwXVw0Wum $SRGE $BEST $DRTX
Stockaholics
23 Sep 14 03:28:08
Major New SECRET Penny Stock Pick Coming Today! Check it out: http://t.co/xbwXVw0Wum $SRGE $BEST $DRTX
Gotham City Capital
22 Sep 14 12:53:01
$DRTX At Major Support. No Play. Selling Could Continue. http://t.co/srBAxStSPh
Stockaholics
22 Sep 14 12:03:46
$ELRA Shot up 125.71% today, after our special update! Get our newsletter picks early: http://t.co/IzRT69R5jM $SRGE $BEST $DRTX
				
				
  +Follow June 27, 2013 7:51PM
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