Biotech Spotlight: Must-See Stocks & $10 Growth Picks

Good Evening Traders!

Stocks moved higher Thursday as investors weighed the latest tariff-related news from President Donald Trump, including his new tariffs aimed at foreign automakers.

As of 11:26 AM ET, the Dow was down -14 points, or -0.03297626%, at $42440.79. The Nasdaq Composite added 44.967 points, or 0.22577%, at $19961.959. The S&P 500 rose 14.39 points, or 0.25192%, at $5726.59. Among the 11 major S&P 500 sectors, 10 showed positive movement, with Consumer Cyclical leading the way with a 1.88% increase.

Trump has long discussed imposing duties on countries that have their own tariffs on U.S. imports and said on Wednesday that his retaliatory tariffs will be permanent for his entire second term.

The major indexes are clinging to marginal gains this week. The S&P 500 has ticked up nearly 0.8%, while the Nasdaq has gained 0.5%. The 30-stock Dow has added 1% this week thus far.

Top Movers: Under $10

Greenland Technologies Holding Corp (GTEC) is up 68.32% today to trade at the current level of $2.20. This comes after the company announced its audited financial results for the fiscal full year that ended December 31, 2024.

Petco Health and Wellness Co Inc (WOOF) zoomed 38.32% in today’s trade to $3.38 after announcing a new partnership with UBER that brings Petco’s wide selection of pet essentials to the Uber Eats platform, making it easier than ever for pet parents to get what they need, when they need it.

In current trading, Quantum BioPharma Ltd (QNTM) stock is at $8.66 after announcing the appointment of Terry Lynch to its board of directors.

23andMe Holding Co (ME) rose 77.19% in the early hours of today's trading to move at $0.94 after a judge allowed the company to sell customer medical and ancestry data, its most valuable asset in the insolvency case. The move has raised privacy and safety concerns.

In the current trading session, Regulus Therapeutics Inc (RGLS) jumped 20.16% to $1.55 over a previous close of $1.29 after announcing the successful completion of its phase 1b multiple-ascending dose clinical trial of Farabursen for the treatment of autosomal dominant polycystic kidney disease (ADPKD)

Ex-Dividends Stocks

Danaher Corp (DHR) is about to trade ex-dividend tomorrow, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company's next dividend payment will be $0.32 per share. It has fixed March 28 as the record date for the same and will pay the actual dividend on April 25. Last year, the company distributed a total of $1.08 to its shareholders. Based on the last year's worth of payments, DHR has a trailing yield of 0.51% on the current stock price of $210.88.

Shares of Northern Oil and Gas Inc (NOG) will be the talk of the stock market on Friday as the stock will turn ex-dividend. The company's next dividend payment will be $0.45 per share, and in the last 12 months, it paid a total of $1.64 per share. Last year's total dividend payments show that NOG has a trailing yield of 5.31% on the current share price of $30.91.

DENTSPLY Sirona Inc (XRAY) is also set to go ex-dividend tomorrow. The next dividend payment from XRAY will amount to $0.16 per share. March 28 has been designated as the record date for this dividend, with the actual payout scheduled for April 11. In the previous year, XRAY distributed a total of $0.64 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for XRAY stands at 4.12% based on the current stock price of $15.54.

Ralph Lauren Corp (RL) will be paying out a dividend of $0.82 per share to shareholders holding their shares as of the close of the business hours on the record date of March 28. Over the past 12 months, RL has paid out a total of $3.22 per share in dividends. Based on the total dividends paid out last year, RL boasts an impressive trailing yield of 1.41% on the current share price of $228.00.

Crypto Market Highlights

• Tether invested €10 million ($10.8 million) in Italian media company Be Water.

• South Korea’s Ethics Commission reported that high-ranking officials hold an average of 35.1 million won ($24,000) in crypto 

• A South Korean court temporarily lifted the three-month business suspension on crypto exchange Upbit, allowing it to serve new clients.

• The Federal Bureau of Prisons moved former FTX CEO Sam Bankman-Fried to a transit facility after his interview with Tucker Carlson.

• Ripple partnered with Chipper Cash to enhance crypto-enabled cross-border payments in Africa.

   Most Shorted Stocks

Kohl's Corp (KSS) was one of the most shorted stocks as of latest short interest figures, with 45.26% short interest. The days to cover ratio, a measure of how long it would take for all the short positions to be covered based on average trading volume, is 5.0. This represents a change of -5430000 shares, which corresponds to a -9.98% decrease in short interest. The total value of the shares held short is estimated to be around $430.22 million. The average daily volume stands at 9.72M shares, and the market capitalization of the company is $977.37M.

The B. Riley Financial Inc with the symbol RILY currently has a short interest of 47.99%. The short interest has changed by -2210000 shares. The days to cover ratio stands at 3.9. The estimated value of the shares held short is approximately $32.5 million. On an average day, 2.08M shares are traded, with the company's market capitalization totaling $129.77M.

For the stock Auddia Inc (AUUD), the current short interest is at 47.64%. This represents a significant short interest change of -209100 shares, corresponding to a short interest percentage decrease of -35.61%%. The days needed to cover the short positions amount to 0.2. The approximate worth of the shares held short is $90744.0.

With the symbol BYND, the stock currently has a short interest of 51.46%. The short interest change is -2270000 shares, compared with a short interest percentage change of -6.89%%. It would take approximately 8.5 days to cover all the short positions. The shares short value is estimated to be around $1.25 million. The company boasts an average daily volume of 3.51M shares, contributing to a market capitalization of $250.86M.

The stock GRPN has a current short interest of 39.33%. The short interest percentage has experienced an increase of +14.62%% while there was a change of 1070000 shares in short interest. The ratio indicating the time required to cover short positions is 6.5. The calculated worth of the shorted shares amounts to around $568.32 million. Trading activity averages at 1.31M shares per day, while the company's market capitalization stands at $737.84M.

Biotech Stocks to Watch

According to our ST Score evaluation, Argen X SE ADR (ARGX) emerges as a high-quality stock in the Biotech industry, attaining an impressive score of 60. The stock's profitability, performance, and financial strength are strong. Additionally, it is neutral in terms of growth, stock sentiment, Piotroski Score, and forecast.

Our ST Score also classifies Aurinia Pharmaceuticals Inc (AUPH) as a high-quality Biotech stock today, presenting a Score of 60. The stock has strong fundamentals in terms of profitability, performance, growth, and Piotroski Score. However, it has weak financial strength. The stock sentiment, and forecast are neutral.

Another stock in the category, Corcept Therapeutics Inc (CORT) has the ST Score of 60, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, growth, and Piotroski Score. Financial strength, stock sentiment, and forecast suggest a neutral outlook.

ARS Pharmaceuticals Inc (SPRY) stock has the ST Score of 60 which implies that the Biotech company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, financial strength, and Piotroski Score. However, it shows a neutral outlook in growth, stock sentiment, and forecast.

Akebia Therapeutics Inc (AKBA) currently has the ST Score of 59, which signifies a huge upward potential. The Biotech stock's strong points are its profitability, performance, and growth, while its weak points are its financial strength. The stock's stock sentiment, Piotroski Score, and forecast indicate a neutral outlook.

That's it for today. Thanks for reading. Good luck out there!

Best Regards,

Stocks Telegraph Team

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