From 24/7 Wall Street:
The biotech industry has been on an outstanding run over the past year, and some top analysts on Wall Street think that run could be poised to continue. A new research report from Cowen focuses on the top stocks to buy before second-quarter earnings are reported. It can be a little risky to buy stock in from of earnings data, as there is always a chance of a straight miss, poor forward guidance or both. The Cowen team is sticking with some of the industry big boys, which tend to smooth out some of the potential downside risk.