Stockchase Opinions

Jim Cramer - Mad Money CRISPR Therapeutics AG CRSP-Q BUY Aug 07, 2024

They have some explosive technology. He believes in it.

$47.430

Stock price when the opinion was issued

biotechnology
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COMMENT
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.
COMMENT
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)
RISKY
A great spec. It's a genetic engineering company so it's bought on spec, not earnings.
DON'T BUY
Their gene-editing biotechnology has lots of promise, but it's too early to tell, speculative. Buying this is a lottery ticket.
HOLD

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. 

COMMENT

Is trading at a fraction of a few years ago. If you know about gene technology, maybe buy this, but doesn't know a lot about this science or business.

PARTIAL BUY

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?