7 Biotechnology Stocks to Buy Now

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This week, seven biotechnology stocks are improving their overall rating on Portfolio Grader. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).

This week, Stemline Therapeutics, Inc. () is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). .

Pharmacyclics, Inc. () is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. Pharmacyclics is a pharmaceutical company developing products to improve upon current therapeutic approaches to cancer, atherosclerosis, and retinal disease. .

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Acorda Therapeutics, Inc.’s () ratings are looking better this week, moving up to a B from last week’s C. Acorda Therapeutics is a commercial stage biopharmaceutical company dedicated to the identification, development and commercialization of novel therapies that improve neurological function in people with multiple sclerosis (MS), spinal cord injury and other disorders of the central nervous system. With a price of $38.89, it is above the 50-day moving average of $34.85. .

Northwest Biotherapeutics, Inc. () boosts its rating from a C to a B this week. Northwest Biotherapeutics engages in discovering, developing, and commercializing immunotherapy products to treat cancers in the United States. The stock price has risen 20.9% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. .

This is a strong week for Seattle Genetics, Inc. (). The company’s rating climbs to B from the previous week’s C. Seattle Genetics is a clinical-stage biotechnology company that is focused on the development and commercialization of monoclonal antibody-based therapies for the treatment of cancer and autoimmune disease. .

Amgen () gets a higher grade this week, advancing from a B last week to an A. Amgen discovers, develops, manufactures, and markets medicines for serious illnesses. The stock’s price of $126.07 is above the 50-day moving average of $122.23. The stock has a dividend yield of 2.4%. .

This week, BioMarin Pharmaceutical’s () ratings are up from a C last week to a B. BioMarin Pharmaceutical develops and commercializes innovative pharmaceuticals for serious diseases and medical conditions. .

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.