Barron’s; Amegen And Spectrum Top Pharma Picks (AMGN, ISIS, SPPI, GENZ)

Equity research firm Morgan Joseph has named its top picks in the biotech sector. According to Barron’s, these picks are Amgen (NASDAQ: AMGN), Isis (NASDAQ: ISIS), Genzyme (NASDAQ: GENZ) and Spectrum Pharma (NASDAQ: SPPI).

The report has stated that these stocks have cheap valuations. These companies also have a strong product pipeline.

Genzyme has recently been underperforming due to FDA troubles. However, it is expected that the company will be back on track after this problem is resolved. The report stated that Amgen has a very strong news flow. Its valuation is also very attractive.