The pharmaceutical industry’s increased focus on developing better treatments for many of today’s most complex diseases should help it to grow for the foreseeable future. High-priced pharma stocks could face market volatility, so we recommend investing in high quality stocks like Kamada, Catalyst Pharmaceuticals, and Kamada (NASDAQ). These stocks are trading at very affordable prices. Let’s discuss.According to ReportLinker, the global pharmaceutical contract development and manufacturing market size is expected to grow at an 8.6% CAGR to $162.69 billion by 2026. The stock market will remain volatile due to concerns about the effect of increasing COVID-19 cases and economic recovery. However, high-priced pharma stocks could see a decline in near future.
So, we think it could be wise to bet now on fundamentally sound stocks Amneal Pharmaceuticals, Inc. (AMRX), Catalyst Pharmaceuticals, Inc. (CPRX), and Kamada Ltd . (KMDA), are trading below $10.
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