1 Biotech Wall Street Thinks Has Multibagger Potential

Sarepta (Nasdaq: SRPT  ) popped as much as 7% on Wednesday to nearly $29 a share. That may seem like a nice boost, but Piper Jaffray has the company going up to somewhere between $60 and $80 in the near term and, staggeringly, suggests the potential for the stock to hit as high as $160 per share. In this video, Motley Fool health-care analyst David Williamson talks about how this relates to the company's tremendous results with its Duchenne muscular dystrophy drug eteplirsen, and how specific catalysts in the weeks and months to come could propel shares higher.

While you can certainly make huge gains in biotech and pharmaceuticals, the best investing approach in any sector is to choose great companies and stick with them for the long term. In our free report "3 Stocks That Will Help You Retire Rich," we name stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.


Read/Post Comments (0) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2124245, ~/Articles/ArticleHandler.aspx, 4/17/2014 2:54:02 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 5 hours ago Sponsored by:
DOW 16,424.85 162.29 1.00%
S&P 500 1,862.31 19.33 1.05%
NASD 4,086.23 0.00 0.00%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

4/16/2014 4:00 PM
SRPT $24.23 Up +1.56 +6.88%
Sarepta Therapeuti… CAPS Rating: ***
ALXN $149.05 Up +3.63 +2.50%
Alexion Pharmaceut… CAPS Rating: **
GSK $52.82 Up +0.50 +0.96%
GlaxoSmithKline CAPS Rating: ***

Advertisement