Saturday, July 20, 2013

Best Tech Stocks To Buy Right Now

With the�SPDR S&P Biotech Index�up 31% over the trailing-12-month period, it's evident that investment dollars are willingly flowing into the biotech sector. Keeping that in mind, let's have a look at some of the rulings, studies, and companies that made waves in the sector last week.

This week was so busy in terms of clinical data, a Food and Drug Administration panel meeting, and FDA PDUFA decisions that we can skip right over biotech earnings reports and jump right into the meat and potatoes of this week's data.

This week saw two new drugs approved by the FDA: Raptor Pharmaceuticals' (NASDAQ: RPTP  ) Procysbi and Merck's (NYSE: MRK  ) Liptruzet.

The approval of Procysbi certainly didn't come as a surprise to many, with Raptor's neuropathic cystinosis drug proving non-inferior to Mylan's�Cystagon in trials. As a twice-daily tablet, Procysbi doesn't inconvenience patients like Cystagon, which is required to be taken four times daily and can potentially disrupt sleep patterns. Peak sales of the drug are estimated at $60 million in the U.S., so it'll certainly need an approval in the EU if it has any chance of becoming profitable, but it'll gladly take the $25 million payment triggered by the FDA approval under its loan agreement with HealthCare Royalty Partners.

Best Tech Stocks To Buy Right Now: Granville Pacific Capital Corp. (GE.V)

Granville Pacific Capital Corp., through its subsidiaries, provides housing and care for the elderly, and residents living with Huntington�s disease or brain disorders in Canada. It operates a 66 bed residential care facility; and a care facility with 112 care beds and 62 assisted living units. The company was incorporated in 1998 and is based in Surrey, Canada.

Best Tech Stocks To Buy Right Now: Standard Financial Corp.(STND)

Standard Financial Corp. operates as the bank holding company for Standard Bank that provides financial services to individuals, families, and businesses in the United States. Its deposit products include savings, money market, commercial and regular checking, demand and NOW, and individual retirement accounts, as well as certificates of deposit. The company?s loan portfolio comprises commercial real estate, one-to four-family residential mortgage, commercial business, construction, and consumer loans; and home equity loans and lines of credit. It operates 10 branches located in the Pennsylvania counties of Allegheny, Westmoreland, and Bedford; and Allegany County, Maryland. Standard Financial Corp. was founded in 1913 and is headquartered in Monroeville, Pennsylvania.

Top Stocks To Own For 2014: West Coast Bancorp(WCBO)

West Coast Bancorp operates as the holding company for West Coast Bank that provides various banking and financial services in western Oregon and southwestern Washington. The company offers demand deposits, checking and savings accounts, NOW and money market accounts, interest bearing demand deposits, and time deposits. It also provides general commercial loans; revolving lines of credit; real estate loans and lines to support construction; owner occupied and investor financing; small business administration loans; and consumer loans. In addition, the company offers business credit cards, merchant service options, and equipment leasing, as well as check cards, personal lines of credit, and various first and second lien residential mortgage products. Further, it provides fiduciary, agency, trust, and related services; and life insurance products to individuals, as well as to profit and not for-profit businesses and institutions. Additionally, the company offers Internet-bas ed cash management services, remote deposit services, investment services, and treasury management online banking services. As of October 26, 2011, it operated in 65 locations in Oregon and Washington. The company was founded in 1925 and is headquartered in Lake Oswego, Oregon.

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