cancer treatment stocks posts
FeedPosted Feb 15th 2011 1:00PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Stocks to Buy
"As tradition holds, Celgene (CELG) gave the first presentation at the recent 29th JP Morgan Healthcare Conference, where CEO Bog Hugin focused on Celgene's ongoing plans to become a world-wide company and expansion into global markets," reports John McCamant.
The biotech specialist and editor of The Medical Technology Stock Letter explains, "They expect 2011 to be the first year where the company earns a majority of sales outside the U.S. The company is currently conducting 25 Phase III trials on its various drugs.
"Celgene also announced 4th quarter 2010 earnings last week, and revenue was down 16%, mostly based on costs incurred due to the Abraxis acquisition.
Continue reading Celgene (CELG): A Biotech Takeover Target?
Posted Aug 19th 2009 2:00PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Stock Screen, Stocks to Buy

"Some sectors tend to do better than others in tough times; biotechnology often surprises investors in good times and bad," suggests
Brandon Clay.
In his Invest with an Edge advisory service, the growth stock advisor looks to Celgene Corporation (NASDAQ: CELG), a player in developing cancer treatments. Here's his review.
"This sometimes-perilous market niche can make or break a portfolio depending on several factors: drug pipeline, continued investment, market factors, and government approvals.
"However, despite the risks, there are times when we believe that individual biotech stocks make sense -- such as our latest recommendation for Celgene.
Continue reading Celgene (CELG): Cancer progress boosts biotech
Posted Jun 22nd 2009 1:40PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Stocks to Buy
"Biotech company Celgene Corp. (NASDAQ: CELG) is a prime example of a stock that plays both offense and defense," says Ian Wyatt.
In his Top Stock Insights, he explains, "The valuation is low and growth is attractive. With the pipeline of products in development, Celegene offers investors a huge upside potential."
"Celgene offers investors a steady product base, a variety of drug treatments in development and a cash pile ready to purchase existing technologies.
"Celgene engages in the discovery of therapies designed to treat cancer and immune-inflammatory related diseases. They have a number of products at the commercial stage.
Continue reading Celgene (CELG): Play offense and defense with biotech
Posted Oct 26th 2007 11:10AM by Steven Halpern (RSS feed)
Filed under: Earnings Reports, Newsletters, Genentech Inc (DNA), Bargain Stocks, Stocks to Buy
"Genentech (NYSE: DNA), the world leader in cancer treatment, has been weak following its third quarter earnings report," notes biotech sector expert John McCamant.
In his The Medical Technology Stock Letter, he explains, "What we are seeing with DNA's stock represents an irrational overreaction by Wall Street, and one that should be taken advantage of by investors."
The advisor notes, "Starting with their earnings, DNA reported non-GAAP operating revenues of $2.91 billion, and U.S. product sales of $2.2 billion, for the third quarter. These figures represent an increase of 22% and 18%, respectively, over the same figures reported during last year's third quarter.
"As such, we are pleased with the growth that DNA has continued to produce. However, because revenue came in a little shy of analysts' consensus expectation, the stock has sold off. We would note one glaring positive which DNA just isn't getting much credit for anymore. That is, even at its already huge size, the company still expects to produce impressive growth for the full year (and in the years to come)."
Continue reading Genentech (DNA): 'Irrational' selling creates opportunity