The Biotech Stock That's Too Risky for Most Investors
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Recursion Pharmaceuticals (RXRX) aims to leverage AI in drug discovery, potentially positioning itself as a leading biotech stock. Analysts are optimistic, projecting a 53% price increase over the next year, with no sell ratings among five analysts. However, the company, with a $2.1 billion market cap and no product sales yet, poses significant risks for investors. Its lead drug candidate, REC-617, is in early trials, with results expected in 2028. Given the high failure rate of biotech drugs, cautious investors may prefer to observe from a distance.
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