It trades at 13x earnings. Their pipeline is really good but was under pressure given drug pricing issues. This has outperformed the market this year. They have a strong pipeline of drugs and trades at an attractive valuation.
Healthcare is his biggest sector. HC is seeing the classic shift to defensives as inflation peaks. Also, HC trades at only 18x while utilities and staples trade at 21x, so it's the cheapest defensive. He owns Pfizer, UNH and Regeneron.
Large cap biotech. Its two franchises are dominant: macular degeneration and atopic dermatitis. One of the best at R&D. Proven ability to execute. One of the better growth profiles for next 3-5 years. Bit of volatility around reimbursement. Decent valuation. No dividend.
On Monday, they host an investors' event to showcase their work in RNA-based therapies and gene editing. Though it's a biotech, REGN is profitable and trades at a low PE. It trades on earnings and not future sales. If they tell a great story next week, he expects this stock to break out to an all-time high.
(A Top Pick Nov 23/20, Up 9.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with REGN has triggered its stop at $565. To remain disciplined, we recommend covering the position at this time. Combined with the previous recommendation to cover half the position, this results in a net investment gain of 15%.
(A Top Pick Nov 24/20, Up 22.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with REGN has achieved its $630 objective. To be disciplined, we recommend covering 50% of the position and trailing up the stop (from $425) to $565.
They developed a Covid treatment drug, but Washington has been unkind to them and made it inaccessible to the public. A great company, but it can't work for free.
It confuses him. They produce great drugs and are run by a fine CEO, but they aren't making a lot of money on their Covid cocktail. The stock has been struggling, but he would not sell.
Stockchase Research Editor: Michael O'Reilly REGN’s COV2 antibody treatment used by the US President during his treatment has been granted Emergency Use Authorization by the FDA. Even though vaccine alternatives are coming, this will provide treatment options for those infected and will help reduce hospitalizations. We would buy this with a $425 stop-loss looking to achieve $630 – 21% upside. Yield 0% (Analysts’ price target is $628.52)
(A Top Pick Jul 17/19, Up 95%) They've developed an antibody for Covid. Great company that he's been adding to. Fine valuation. They have a fine franchise in a severe atopic dermatitis drug. They're also developing an asthma drug that looks promising.
Just announced that their new drug cocktail can treat Covid immediately upon testing positive. The stock actually went down today, but he's been recommending this for a while.
What is Regeneron Pharmaceuticals Inc stock symbol?
Regeneron Pharmaceuticals Inc is a American stock, trading under the symbol REGN (previously REGN-Q on Stockchase) on the NASDAQ (REGN). It is usually referred to as NASDAQ:REGN or REGN
Is Regeneron Pharmaceuticals Inc a buy or a sell?
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on REGN (previously REGN-Q on Stockchase). 0 analysts recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is BUY. Read the latest stock experts' ratings for Regeneron Pharmaceuticals Inc.
Is Regeneron Pharmaceuticals Inc a good investment or a top pick?