Below are the top five companies in the Biotechnology industry as measured by relative performance. This analysis was compiled based on yesterday’s trading activity as we search for stocks that have the potential to outperform.
Biogen Inc (NASDAQ:BIIB ) ranks first with a gain of 0.46%; Cara Therapeutic (NASDAQ:CARA ) ranks second with a gain of 0.26%; and Loxo Oncology In (NASDAQ:LOXO ) ranks third with a gain of 0.20%.
Celgene Corp (NASDAQ:CELG ) follows with a loss of 0.54% and Gilead Sciences (NASDAQ:GILD ) rounds out the top five with a loss of 0.55%.SmarTrend recommended that subscribers consider buying shares of Biogen Inc on January 3rd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $311.31. Since that recommendation, shares of Biogen Inc have risen 8.4%. We continue to monitor Biogen Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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