logo
H.C. Wainwright Reaffirms Buy on argenx (ARGX), Highlights Pipeline Progress

H.C. Wainwright Reaffirms Buy on argenx (ARGX), Highlights Pipeline Progress

Yahoo16 hours ago
argenx SE (NASDAQ:ARGX) is one of the high growth stocks outside tech analysts are bullish on. H.C. Wainwright analyst Douglas Tsao has reaffirmed a Buy rating on argenx SE (NASDAQ:ARGX) as of July 1, citing strong progress in the company's neuromuscular treatment pipeline. With a current market price of $598.40 and Bank of America's price target of $804, the stock offers a potential upside of about 34.3%.
A lab setting filled with scientific equipment and researchers in lab coats working together to develop new therapies for autoimmune diseases.
The bullish stance is driven by the advancement of ARGX-119, now entering a registrational trial for congenital myasthenic syndromes (CMS). This marks the company's third molecule to reach late-stage clinical development. Positive Phase 1b results showed promising safety and consistent improvements in patient outcomes, which boosted investor confidence.
ARGX-119 also highlights the growing potential of argenx's SIMPLE Antibody platform, a proprietary technology for developing precise antibody-based therapies. The ongoing natural history study in CMS is expected to add valuable, real-world insight that could support regulatory submissions.
The company is also conducting a Phase 2a study of ARGX-119 in amyotrophic lateral sclerosis (ALS), a move that could broaden its future treatment offerings. If successful, ARGX-119 could become the first therapy approved for DOK7-CMS, a very rare form of neuromuscular disease.
argenx develops antibody-based therapies for rare autoimmune and neuromuscular disorders.
While we acknowledge the potential of ARGX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: and .
Disclosure: None.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Is Stanley Black & Decker (SWK) One of the Best Income Stocks for Conservative Investors?
Is Stanley Black & Decker (SWK) One of the Best Income Stocks for Conservative Investors?

Yahoo

time12 minutes ago

  • Yahoo

Is Stanley Black & Decker (SWK) One of the Best Income Stocks for Conservative Investors?

Stanley Black & Decker, Inc. (NYSE:SWK) is included among the 11 Best Income Stocks to Buy According to Hedge Funds. A toolbox filled with an array of different tools, representing the professional products of the company. Stanley Black & Decker, Inc. (NYSE:SWK) is an American manufacturer known for its industrial tools, home hardware, and security products. The company is in the midst of a steady yet impactful transformation. It has already completed $1.7 billion of a planned $2 billion cost-reduction effort, resulting in a rebound in gross margins to 31.2%, which is a 1,200-basis-point improvement from the low point. At the same time, operating leverage is strengthening, and inventory levels are declining. While Stanley Black & Decker, Inc. (NYSE:SWK)'s Tools & Outdoor division accounts for 87% of its revenue, the smaller Engineered Fastening segment plays a key role in areas like aerospace, automotive, and industrial production. Despite its strong market position and ties to reshoring, infrastructure, and automation trends, the stock is still down more than 69% from its 2021 peak and trades at under seven times its peak free cash flow. Stanley Black & Decker, Inc. (NYSE:SWK) has paid uninterrupted dividends to shareholders for the past 148 years. On July 24, it declared a 1.2% hike in its quarterly dividend to $0.83 per share. This marked the company's 59th consecutive year in which it has raised its dividends. The stock supports a dividend yield of 4.91%, as of July 31. While we acknowledge the potential of SWK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.

The Strength of American Water Works Company (AWK) as a Consistent Income Stock
The Strength of American Water Works Company (AWK) as a Consistent Income Stock

Yahoo

time12 minutes ago

  • Yahoo

The Strength of American Water Works Company (AWK) as a Consistent Income Stock

American Water Works Company, Inc. (NYSE:AWK) is included among the 11 Best Income Stocks to Buy According to Hedge Funds. A technician in a deep-water treatment facility, ensuring clean water for public safety. American Water Works Company, Inc. (NYSE:AWK) is a regulated utility that provides water and wastewater services to over 14 million people in 14 states. Its regulated utility operations are the core of its business, accounting for 92 percent of operating revenue in 2024. The company focuses on delivering clean and reliable water services across its service areas. American Water Works Company, Inc. (NYSE:AWK) maintains a strong financial profile, supported by an investment-grade credit rating, which allows it to borrow at lower interest rates and under favorable terms. The company follows a conservative dividend policy, targeting a payout ratio of 50% to 60% of its adjusted earnings. With projected earnings growth between 7% and 9% annually, American Water Works expects its dividend to grow at a similar pace. The company has increased its dividend every year since going public in 2008. American Water Works Company, Inc. (NYSE:AWK) currently pays a quarterly dividend of $0.8275 per share and has a dividend yield of 2.36%, as recorded on July 31. While we acknowledge the potential of AWK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.

Is American Express Company (AXP) a Reliable Income Stock for Long-Term Investors?
Is American Express Company (AXP) a Reliable Income Stock for Long-Term Investors?

Yahoo

time12 minutes ago

  • Yahoo

Is American Express Company (AXP) a Reliable Income Stock for Long-Term Investors?

American Express Company (NYSE:AXP) is included among the 11 Best Income Stocks to Buy According to Hedge Funds. A close-up view of a payment terminal, capturing the sophistication of a payment network. American Express Company (NYSE:AXP) sets itself apart from other credit card companies by focusing on a wealthier customer base, offering premium gold and platinum cards, and serving a large number of corporate clients. Customers often benefit from generous travel rewards, making the brand particularly appealing to frequent travelers. Unlike Visa or Mastercard, American Express Company (NYSE:AXP) not only issues cards but also runs its own payment network, allowing it to lend directly and earn interest income. Its dividend track record adds to its appeal, with a modest 1.1% yield supported by a low 21% payout ratio. The company has grown its dividend at an annual rate of 12% over the past five years and maintains a strong balance sheet, leaving plenty of room for future increases and long-term compounding. American Express Company (NYSE:AXP) currently offers a quarterly dividend of $0.82 per share and has a dividend yield of 1.1%, as of July 31. It is among the best dividend stocks to invest in. While we acknowledge the potential of AXP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store