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Rocket Pharmaceuticals shares are poised to nearly quadruple as it rolls out its lineup of late-stage targeted gene therapies, according to Cantor Fitzgerald. RCKT YTD mountain RCKT YTD chart Analyst Josh Schimmer called the stock one of his "top picks" as its products address unmet medical needs. It also benefits from a "thoughtful management team with a knack for identifying compelling gene therapy programs," he said. Schimmer is extremely bullish on Rocket's portfolio of advanced gene therapy products. "RCKT should be stacking larger and larger gene therapy programs," the analyst wrote.
Persons: Cantor Fitzgerald, Josh Schimmer, Schimmer, — CNBC's Michael Bloom Organizations: Rocket Pharmaceuticals
Finding opportunities amid the market volatility is "mission critical," and there are several to be had this year, according to Evercore ISI. The Wall Street firm is predicting an economic and earnings recession, catalyzing a "cathartic" volatility spike in 2023. "Alpha opportunities are surfacing in 2022's wreckage from inflation's breakout resulting in record tightening, catalyzing a stock/bond correlated decline. With that in mind, Evercore came up with its top stock picks for 2023. The streaming company should enjoy a comeback this year, after losing 51% in 2022, according to analyst Mark Mahaney.
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