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These 2 Penny Stocks Could See Outrageous Gains, Oppenheimer Says

Lines drawn in the sand in Washington DC are holding the next stimulus package hostage, but what does that mean for Wall Street? Despite the deadlock on Capitol Hill, the S&P 500 rebounded 9.5% from its recent low on September 23 on strong economic data, and in this context investors and economists are beginning to question whether economic data Better-than-expected recent suggests that past stimulus packages will be enough to support the economy as we move towards a post-COVID world. Oppenheimers chief investment strategist John Stoltzfus points out that despite the rise in l uncertainty that has arisen since the beginning of September, the US and international markets have recovered and even rallied in dismay from bears, skeptics, eternally nervous and even some DC residents Beltway. Additionally, as stocks rose, so did the yield on 10-year bonds. Stoltzfus highlights a mixed set of factors including the third quarter earnings season starting this week with the big banks, economic data that has countered the recent economic downturn, interest rates remaining near their lows historical records, as well as the feeling that the outcome of the election will be unlikely to lead to a prolonged period of uncertainty. Stoltzfus also believes markets view COVID-19 as a bigger detour from the broader forces at work that are propelling stocks in the U.S. stock market. With that in mind, Oppenheimer analysts have locked in what they see as exciting opportunities. These are names that won’t break the bank and offer colossal growth prospects for the next twelve months, namely penny stocks.These tickers under $ 5 each are tricky so some due diligence is needed. . Using the TipRanks database, we got all the details, to see why they are so compelling even with the risk involved. Outlook Therapeutics (OTLK) First of all we have Outlook Therapeutics, which focuses on the development and commercialization of Lytenava, a complex monoclonal antibody, for various ophthalmic indications. Following a recent data read, Oppenheimer believes its stock price of $ 0.77 presents an attractive entry point. OTLK has released key data from Lytenava’s NORSE-1 study against Genentech and Roches Lucentis in Wet age-related macular degeneration (AMD), a condition that can lead to vision loss. In the group receiving treatment with OTLK, 2 out of 25 (8%) patients achieved the primary endpoint (gain of at least 15 letters on the best assessment of visual acuity), and the group receiving Lucentis had 5 out of 23 patients (22%) Based on this finding for Oppenheimer, analyst Leland Gershell points out that while this was a pivotal trial, it was actually an experimental study. clinic to generate usage data. Additionally, as more Lucentis patients met the primary endpoint, the analyst mentions that the comparison arm included approximately twice as many patients with baseline vision and / or poorer baseline vision, which which favored Lucentis. The company said that more than 15 improvement letters at month 11 were equivocal among subjects treated in nave, and had a better tendency for Lytenava among those with a baseline visual acuity of less than 67 letters, vs. 44% on Lucentis.Gershell added, We believe the results support Lytenava’s prospects in the ongoing US NORSE-2 wet AMD trial, which is well-equipped to show superior efficacy over Lucentis. In addition to the sample size sufficient for statistical power-on, NORSE-2 will stratify based on some basic characteristics, exclude patients with vision better than 20/50, and recruit only untreated patients. As Lytenava is positioned to play a significant role in the multibillion-dollar retinal disease market, a licensing deal or partnership is not out of the question, according to Gershells. To this end, it recommends that investors acquire shares before reading NORSE-2. Considering all of the above, Gershell rates OTLK as outperforming (i.e. buying) with a price target of $ 8. Investors could pocket a gain of 947% if this target is reached within the next twelve months. (To look at Gershells track record, click here) Turning to the rest of the street now, 3 buys and no holds or sells have been posted in the past three months. Therefore, OLTK has a Strong Buy consensus rating. With an average price target of $ 6.33, the upside potential lands at 729%. (See OLTK Stock Analysis on TipRanks) Organogenesis Holdings (ORGO) As a leading regenerative medicine companies, Organogenesis Holdings is focused on empowering healing through product development for the skin care markets. wounds, surgery and sports medicine. As the price per share has landed at $ 3.85, Oppenheimer says now is the time to pull the trigger. Firm analyst Steven Lichtman considers himself a fan. Even though sales were down 29% year-over-year in April, trends began to improve in May with the reopening of healthcare facilities. As of June, over 90% of ORGO accounts receivable were open and all were accepting new patients, causing Q2 2020 revenue of $ 69 million to jump expectations. Additionally, despite headwinds associated with COVID, management has restored its original sales forecast for 2020 to $ 273 million to $ 277 million, which would reflect a 5-6% year-over-year gain. Going forward, Lichtman cites Affinity, the company’s new amniotic membrane for wounds. care and surgery, as a strong point of strength. Following the transition to a new contract builder and a subsequent restart in 1H20, the analyst sees a strong tailwind. In addition to that, the ramp of NuShield, a dehydrated placental allograft, and NovaChor, the first chorion membrane. charge, could result in upside down. Lichtman added that management has also underlined the benefits of its product breadth, as customers increasingly seek to reduce the number of suppliers they use. ORGO believes its product mix could drive expansion. of its margins. ORGO’s amniotic portfolio is a significant contributor as it is a high margin product and a major growth driver for the company. Consolidating multiple facilities is also expected to result in a margin improvement of around 300 basis points, Litchman said. It should be noted that since the reinstatement of transfer reimbursement in Q4 2018, ORGO has taken steps to lead PuraPly (its medical device designed for and management of chronic wounds in a wide variety of wound types) beyond the passage. These efforts include increasing physician office penetration, improving clinical data, adding PuraPly line of products and extensions, and launching smaller sizes at the bundle price. Calling these efforts short-term compensations, Lichtman believes they represent potential benefits over expectations. Everything ORGO has achieved has convinced Lichtman to rate the stock an outperformance (i.e. buy) with a price target of $ 9. This figure suggests a potential increase of 134% from current levels. (To see Lichtmans’ track record, click here) Overall, other analysts echo Lichtmans sentiment. 3 buys and no hold or sell add up to a Strong Buy consensus rating. With an average price target of $ 8.67, the upside potential stands at 126%. (See ORGO stock market analysis on TipRanks) For great ideas for trading penny stocks at attractive valuations, visit TipRanks Best Stocks to Buy, a newly launched tool that brings together all the information about TipRanks stocks. featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



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