#1 - CRSPR Therapeutics (NASDAQ:CRSP)
If you’re at all familiar with the field of gene editing, then you’ve probably heard of CRSPR Therapeutics (NASDAQ: CRSP). The company is the founder of the CRISPR/Cas9 gene editing platform. The CRISPR/Cas9 platform is being used for projects in the company’s own pipeline.
And CRSPR isn’t shy about forming its own partnerships like the one it has with Vertex Pharamaceuticals (NASDAQ: VRTX). The two companies are working together to bring CRSPR’s CTX110 candidate to market. This one-time treatment for sickle cell disease and beta-thalassemia has a large addressable opportunity.
That opportunity means the reward outweighs the risk. CRSPR Therapeutics is not yet profitable and will not be for some time. But in this sector, if you wait to invest until a treatment is commercially available, you’ll have missed the largest gains. That's why this mid-cap stock enjoys 71% institutional ownership and has a moderate buy rating from the analysts surveyed by MarketBeat.
About CRISPR Therapeutics
CRISPR Therapeutics is a gene-editing company focused on developing transformative gene-based medicines for serious diseases using its proprietary CRISPR/Cas9 platform. CRISPR/Cas9 is a revolutionary gene-editing technology that allows for precise, directed changes to genomic DNA. CRISPR Therapeutics has established a portfolio of therapeutic programs across a broad range of disease areas including hemoglobinopathies, oncology, regenerative medicine and rare diseases.
Read More - Current Price
- $47.88
- Consensus Rating
- Hold
- Ratings Breakdown
- 9 Buy Ratings, 8 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $74.94 (56.5% Upside)
