8. Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY)
Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) ranks among the best rebound stocks to buy right now. On March 2, Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) outlined its growth strategy at the TD Cowen 46th Annual Health Care Conference, emphasizing significant revenue expansion and ongoing innovation in RNAi therapies.
The company expects revenue of around $4.4 billion to $4.7 billion by 2026, indicating strong growth and a 25% CAGR through 2030. It also aims for 30% operating margins, which might rise to the mid-40% levels after future product releases. A significant aim is to reinvest 30% of sales in R&D to accelerate pipeline advancement.
With more than 90% first-line patient access, AMVUTTRA continues to be a significant growth driver as Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) gets primed for competition from WAINUA. The company is also advancing its pipeline, which includes the TRITON research, alongside plans to broaden into 10 tissues by 2030.
Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) is a prominent biopharmaceutical company focused on RNA interference (RNAi) treatments, with a number of FDA-approved medications for rare genetic diseases.
7. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) ranks among the best rebound stocks to buy right now. On March 13, TD Cowen reduced its price target for Cognizant Technology Solutions Corporation (NASDAQ:CTSH) from $85 to $71, retaining a Hold rating on the company’s stock. Following investor meetings with Cognizant’s President of Americas, the firm expressed concern about conventional services deflation caused by generative AI, though it also voiced confidence in emerging AI-driven value pools.
According to TD Cowen, the rate at which these new revenue streams develop will decide how well they can counter the pressures of legacy business deflation. In that regard, the firm believes that Wall Street will remain in a “wait & watch” mode.
In a separate vein, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) signed a three-year strategic deal with DAMAC Group to maintain and improve its IT infrastructure and application services. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) will manage DAMAC’s technology activities in a variety of industries, including property development and distribution.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is a professional IT services company that offers consulting and technology services. The company operates through four segments, including Financial Services, Health Sciences, Products and Resources, and Communications, Media and Technology.
