This development stage biopharmaceutical company has seen 2 positive estimate revisions in the last 60 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can turn into more strength down the road.
Oncolytics Biotech currently has a Zacks Rank #1 (Strong Buy) and its Earnings ESP is 0.00%.
Investors interested in the biomedical industry may also consider stocks like Medivation, Inc. (MDVN), Illumina Inc. (ILMN) and Biogen Idec Inc. (BIIB). All three stocks sport a similar Zacks Rank #1.
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