Biogen Idec Inc (BIIB) & TESARO Inc (TSRO): Top Biotech Stocks from Robyn Karnauskas Of Deutsche Bank

In the back drop of the biotech S&P ETF impacted by the S&P shedding market valuation by close to 7 % this week, Robyn Karnauskas who heads Deutsche Bank’s biotechnology vertical as its director spoke to CNBC and provided tips to investors on the likely biotech performers in the small cap and big cap categories in the immediate future.

Under the large cap category, Karnauskas mentioned the Cambridge headquartered Biogen Idec Inc (NASDAQ:BIIB) as a likely outperformer. She summarized that the impending launch of its much awaited haemophilia drug will drive up valuations in this drug maker’s stock. She went on to estimate that the price target on the stock of this $75 billion market capped firm would jump up in the $30 to $100 region per share, from its current valuations over the next two quarters, primarily driven by the underlying lower valuation of the stock.

Biogen Idec Inc (NASDAQ:BIIB)

Therefore, Karnauskas recommended the stock to investors by explaining that she foresaw “only upside on this stock.”  and no downside in the numbers. She further went on to underscore that the valuation jump “expectations are very low. Since the proof of concept for the biology here”

Under the small cap category, Karnauskas picked TESARO Inc (NASDAQ:TSRO), with a market cap of $1.14 billion. She listed out three key reasons as to why she thinks investors should buy into the stock at these levels.

The first point of attraction in the stock of TESARO Inc (NASDAQ:TSRO) for Karnauskas was the fact that the company is  expected to release a drug by the beginning of next year, on the back of strong clinical trial data.

The second point of import that Karnauskas pointed out was the fact that the company has a second drug candidate for ovarian cancer, which is also looking very promising and expects this to be launched next year.

She went on to predict that this drug has the potential to earn the company in the region of $200 million to $3 billion. She further highlighted the fact that TESARO Inc (NASDAQ:TSRO) has a exceptional management team, which has prior experience in growing drug firms and selling them at huge marked up pricing.  She also pointed that TESARO has a big chance to be a takeover target in the future.

Disclosure: none

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!