2 Top Biotech Stocks to Buy Under $10

: CSBR | Champions Oncology, Inc. News, Ratings, and Charts

CSBR – The COVID-19 pandemic brought renewed interest in the biotech industry. Many company’s that weren’t even working on vaccines or treatments saw their shares rise. But there are also great biotech stocks that are not recognized by the market yet. Champions Oncology (CSBR) and Ovid Therapeutics (OVID) are two such stocks that offer strong potential for gains.

There is a common misconception that the vast majority of biotech stocks worthy of investment are priced well above the $10 mark. Some ignore the industry, assuming most of the stocks are traded at several hundred dollars per share. However, if you do your homework, you will find some affordable biotech stocks that can move significantly higher in the near future.

Suppose you have been hesitating to invest in biotech stocks due to the unpredictable nature of the industry or the comparably high price points. In that case, it is time to reassess your strategy. Add a couple of affordable biotech stocks to your portfolio, be patient, and your diversified holdings might work out to your benefit.

Here is a quick look at two biotech stocks priced under $10: Champions Oncology (CSBR) and Ovid Therapeutics (OVID).

Champions Oncology (CSBR)

CSBR develops advanced tech solutions for the personalized development/use of oncology drugs. CSBR has a forward P/E ratio of 47.28. This is an elevated ratio that indicates the stock might be overpriced. 

CSBR has an overall grade of B, translating into a Buy rating in our POWR Ratings system. The stock has a grade of B in the Sentiment and Growth components. CSBR’s Sentiment rank is ahead of more than 90% of all stocks traded on United States markets. Click here to find out how CSBR fares in the rest of the components, including Value, Momentum, Stability, and Quality. 

Of the 494 publicly traded companies in the Biotech industry, CSBR is ranked 16th. You can find other top stocks in this industry by clicking here. Based on the average analyst price target, analysts believe CSBR has more room to run. The average analyst target price for the stock is $15. If CSBR hits this price, it will have increased by nearly 60%. The three analysts that cover the stock rate it a Buy. 

Click here to checkout our Healthcare Sector Report for 2021

Ovid Therapeutics (OVID)

OVID is a biopharmaceutical company that makes therapies for individuals who suffer from rare neurological disorders. The company is currently developing a drug to treat the symptoms of Fragile X syndrome and Angelman syndrome. OVID is also working with Takeda Pharmaceutical (TAK) to develop drugs to treat epileptic encephalopathies.

OVID has an overall grade of B and a Buy rating in our POWR Ratings system. The stock has a grade of A in the Value component and Bs in the Sentiment and Quality components. Click here to find out how OVID fares in the rest of the components, including Momentum, Growth, and Stability. Of the nearly 500 publicly traded companies in the Biotech industry, OVID is ranked 15th. 

Analysts view OVID as undervalued, setting an average target price of $4.88 for the stock. If OVID hits this price target, it will have increased by nearly 24%. Three analysts rate the stock a Strong Buy or Buy.

Want More Great Investing Ideas?

3 Stocks to DOUBLE This Year


CSBR shares were unchanged in premarket trading Thursday. Year-to-date, CSBR has declined -13.62%, versus a 17.07% rise in the benchmark S&P 500 index during the same period.


About the Author: Patrick Ryan


Patrick Ryan has more than a dozen years of investing experience with a focus on information technology, consumer and entertainment sectors. In addition to working for StockNews, Patrick has also written for Wealth Authority and Fallon Wealth Management. More...


More Resources for the Stocks in this Article

TickerPOWR RatingIndustry RankRank in Industry
CSBRGet RatingGet RatingGet Rating
OVIDGet RatingGet RatingGet Rating

Most Popular Stories on StockNews.com


What Happens After 6,000 for Stocks?

The S&P 500 (SPY) has the petal to the medal after the election and 2nd Fed rate cut. However, stocks are now pressed up against serious resistance at 6,000 which begs the question of what happens next? Investment pro Steve Reitmeister shares his timely market views including a preview of his top 10 stocks. Get the full story below...

3 Streaming Stocks Benefiting from Cord-Cutting Trends

As streaming continues to dominate the digital entertainment landscape, the global streaming market presents a lucrative investment opportunity. So, it could be ideal to invest in fundamentally solid streaming stocks Netflix (NFLX), Walt Disney (DIS), and Roku (ROKU). Read further...

3 Gold Stocks to Buy as Safe-Haven Demand Grows

Gold is a stable investment now due to its role as a safe-haven asset during economic uncertainty, rising demand, industrial use, and growth, bolstered by central bank purchases and interest rate cuts. Therefore, investors should consider investing in top gold stocks such as Newmont (NEM), Barrick Gold (GOLD), and Agnico Eagle Mines (AEM). Read more...

3 AI Stocks Transforming Industries and Driving Future Growth

With rapid digitalization, rapid adoption, and development, as well as surging demand, the AI market is on the rise. Amid this backdrop, investors could buy fundamentally solid AI stocks NVIDIA Corporation (NVDA), Microsoft (MSFT), and Meta Platforms (META) poised for substantial gains. Continue reading...

Stock Investing AFTER the Election

The S&P 500 (SPY) has been stuck under the highs awaiting the election results. The biggest mystery is how soon results will be finalized. The second biggest concern is what the Fed will do at their 11/7 meeting. Steve Reitmeister shares his views on these things along with fresh market outlook and preview of his top 10 stocks to buy now.

Read More Stories

More Champions Oncology, Inc. (CSBR) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All CSBR News