Stockchase Opinions

The Panic-Proof Portfolio (Stockchase Research) Entrada Therapeutics, Inc. TRDA-Q PAST TOP PICK Dec 10, 2024

(A Top Pick Nov 14/24, Up 28.1%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TRDA has achieved its target at $21.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $13) to $16.  

$20.975

Stock price when the opinion was issued

Pharma & Healthcare
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

This pharma company produces clinical stage drugs that aid the delivery of other therapeutics and they have been advancing a portfolio of RNA based programs.  It trades at 6x trailing earnings, under 1.5x book and supports a 32% ROE and has growing cash reserves.  We recommend setting a stop-loss at $13, looking to achieve $21 -- upside potential of 27%.  Yield 0%

(Analysts’ price target is $21.50)
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Oct 08/24, Down 2.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TRDA has triggered its stop at $16.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 12%, when combined with our previous guidance.