Why investing in biotech companies?
Biotech stocks are one of the riskiest investments. These companies do not produce nor sell anything, in fact they burn cash at a shocking rate. Standard fundamental analysis does not work in this environment.
But as you surely know, high risk brings high rewards. If new drugs are elevated to the next development phase or even approved, stock prices often times rise sharply.
To identify potential winners or stocks that are trading at a discount, extensive research is required. The huge amount of time it takes to get behind this industry is the number one reason why many investors either shy away or make bad investments. With this app you can save many hours or even days of research and stay ahead of the market.