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Sunday, July 15, 2012
5 Cash-Heavy Biotechs That Analysts Favor
For many investors, biotech can seem too risky of a bet. But what if the company is backed with strong cash reserves? We contend that cash is key for picking smart biotech companies, since it's cash that can fuel innovative research and development, smart acquisitions or mergers, and long term capital investments, all of which could make a stock a winner over time. We are focusing on biotechnology stocks that have strong cash reserves built up, and that industry analysts have rated favorably in recent months. We came up with a motley list of companies, but we're certain they merit more research and analysis.The Current ratio is a liquidity ratio used to determine a company's financial health. The metric illustrates how easily a firm can pay back its short obligations all at once through current assets. A company that has a current ratio of one or less is generally
... Read the rest at SeekingAlpha.com
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