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2 Best Biotech Stocks to Buy in August

2 Best Biotech Stocks to Buy in August

Biotech stocks are often prone to highly inflated or highly deflated prices stemming from hyped news cycles. Furthermore, both lost out to the market over the last three years, potentially making conservative investors anxious. Alexion Pharmaceuticals (NASDAQ: ALXN) produces a handful of niche drugs for rare diseases like hypophosphatasia (a genetic disorder affecting growth of bones and teeth), meaning that the markets it competes in are inherently small.