This biotech could help you retire early
By Mark Woodruff - January 17, 2014 | More on: MSB
You may not have come across the low-profile Mesoblast (ASX: MSB) yet, even though it is one of the
better-performing
stocks in the S&P ASX 200 Index (ASX: XJO). Its anonymity potentially represents an opportunity, as it often results in the mispricing of a stock.
Biotechnology stocks present difficulties in forming a valuation, because of uncertain future earnings and the inherently risky outcomes from ongoing clinical trials. So when risks are…
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