3 Best Biotech Stocks for Growth in 2023

Despite the macroeconomic challenges, the biotech industry is primed for long-term growth. An aging population and the need for quality treatments for rare and common diseases underpins this positive outlook. Therefore, it could be wise to invest in fundamentally strong biotech stocks Jazz Pharmaceuticals plc (JAZZ – Get Rating), Alkermes plc (ALKS – Get Rating), and Gilead Sciences, Inc. […] August 31, 2023 [Option Sensei] [3 Best Biotech Stocks for Growth in 2023]( Despite the macroeconomic challenges, the biotech industry is primed for long-term growth. An aging population and the need for quality treatments for rare and common diseases underpins this positive outlook. Therefore, it could be wise to invest in fundamentally strong biotech stocks Jazz Pharmaceuticals plc ([JAZZ]( – [Get Rating]( Alkermes plc ([ALKS]( – [Get Rating]( and Gilead Sciences, Inc. ([GILD]( – [Get Rating]( given their solid growth prospects. Before diving deeper into their fundamentals, let’s discuss why the biotech industry is well-positioned for growth. After achieving immense growth during the pandemic due to the launch of the COVID-19 vaccines, the biotech industry witnessed a slowdown over the past year as investor interest faded. However, biotech companies have significant long-term growth opportunities as they develop new treatments and personalized medicines through extensive research and clinical trials. The industry looks set to do well because of the robust drug pipelines. However, the sector faces regulatory risks and the possibility of failure in real-world applications. The global biotechnology market revenue is forecasted to grow at a [CAGR of 14.2%]( reaching $2.77 trillion by 2030. Investors’ interest in biotech stocks is evident from the VanEck Vectors Biotech ETF’s ([BBH]( – [Get Rating]( 12% returns over the past year. Considering these conducive trends, let’s analyze the fundamental aspects of the three [Biotech]( picks, beginning with the third choice… Continue reading at [STOCKNEWS.com]( SPONSOR [Sick of Politics? This is a "must-see"]( You can't avoid politics these days. Whether it's the debt ceiling... Fed rate hikes... or just the outrageous spending Washington has no interest in stopping. That's why I decided to share an important message from a colleague on a subject politicians talk about a lot. I believe this new "must see" presentation, Financial Lockout with former hedge fund legend Whitney Tilson, may be the most important one you see this year. Whitney is a "one-percenter insider." If you care at all about your financial future, [I urge you to watch this presentation NOW.]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This is a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Wealthpop users . Wealthpop is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Wealthpop, and Wealthpop disclaims any liability for or arising from such statements and opinions. You are hereby advised that Wealthpop is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 Wealthpop. All rights reserved. Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019