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Stock impact report

4 Drug, Biotech Stocks Rising More Than 50% in 2024 With Room to Grow [Yahoo! Finance]

ADMA Biologics Inc (ADMA) 
Last adma biologics inc earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.admabiologics.com
Company Research Source: Yahoo! Finance
While the year started on a positive note, much of the gains slowed down in the second half of 2024. The downside in the second half was due to overall disappointing third-quarter results, guidance cuts and pipeline setbacks. The sector has declined 9.5% in the past six months, underperforming the S&P 500 index, as seen in the chart below. Zacks Investment Research Image Source: Zacks Investment Research Nonetheless, given the continuous need for innovative medicines, the biotech industry will continue to grab investors' interest despite the inherent volatility and uncertain macroeconomic environment. Innovation is likely to drive growth in the industry, with key spaces like obesity and oncology drugs attracting attention. M&A activity should remain strong in 2025. Overall fundamentals of the sector remain strong and investors are expected to come back to this space eventually. Here, we discuss four biotech stocks that have returned 50% or more year to date and have room for Show less Read more
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