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Promising Biotech Stocks To Keep An Eye On - September 11th

AbbVie logo with Medical background

Key Points

  • AbbVie, Bloom Energy, and Thermo Fisher Scientific are highlighted as key biotech stocks to watch due to their significant trading volume and potential for substantial gains.
  • AbbVie offers a portfolio of drugs for various diseases, including autoimmune conditions and blood cancers, which could position the company for profitable growth.
  • Bloom Energy specializes in on-site power generation systems that convert multiple fuel types into electricity, showcasing innovation in the energy sector.
  • MarketBeat previews top five stocks to own in October.

AbbVie, Bloom Energy, and Thermo Fisher Scientific are the three Biotech stocks to watch today, according to MarketBeat's stock screener tool. Biotech stocks are shares of companies that use biological processes and molecular biology techniques to develop products such as new drugs, gene therapies, or agricultural solutions. Because these firms invest heavily in research and development and depend on clinical trial outcomes and regulatory approvals, their share prices can be highly volatile but offer the potential for substantial gains if their innovations succeed. These companies had the highest dollar trading volume of any Biotech stocks within the last several days.

AbbVie (ABBV)

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals worldwide. The company offers Humira, an injection for autoimmune and intestinal Behçet's diseases, and pyoderma gangrenosum; Skyrizi to treat moderate to severe plaque psoriasis, psoriatic disease, and Crohn's disease; Rinvoq to treat rheumatoid and psoriatic arthritis, ankylosing spondylitis, atopic dermatitis, axial spondyloarthropathy, ulcerative colitis, and Crohn's disease; Imbruvica for the treatment of adult patients with blood cancers; Epkinly to treat lymphoma; Elahere to treat cancer; and Venclexta/Venclyxto to treat blood cancers.

Read Our Latest Research Report on ABBV

Bloom Energy (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.

Read Our Latest Research Report on BE

Thermo Fisher Scientific (TMO)

Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. The company's Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases; and solutions include biosciences, genetic sciences, and bio production to pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and government markets.

Read Our Latest Research Report on TMO

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