The Weekly Buzzing Stocks by Billy Kawasaki
CRISPR Therapeutics AG
CRSP-Q
TOP PICK
Apr 08, 2022
Biopharmaceutical company building gene editing based medicines for serious diseases. Riskier play, but gene editing would be a massive breakthrough and they have been the leaders in that space for a while. New to the trending stocks with 13 mentions in the past 24 hours.
They produce a gene-editing tool that splices DNA that has the potential of curing diseases such as Huntington's Chorea and cancer. It's new technology, but he can't think of another company doing this. This segment is very rich and a trading opportunity at best.
A small company that develops transformative gene medications. They are a small fish in a big sea. A recent transaction with a pharma company allows them to scale out their product, but it is still early. (Analysts’ price target is $58.05)
Recent improvements in R&D have been major gain in the business. Is hard to predict future of business given nature of health discoveries. Would recommend holding it.
He sees this company mentioned in many science papers, but the stock has been a tough own. Overall, he likes it. Buy some now and more if it goes lower. How can this company keep losing money?