CRISPR Therapeutics: A Speculative Play On The Future Of Medicine

Apr. 19, 2021 3:39 PM ETCRISPR Therapeutics AG (CRSP)17 Comments
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Star Investments
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Summary

  • CRISPR Therapeutics stock reached a 52-week high of $220.20 in Jan 2021 and has since fallen significantly down to $114.39 as of Apr 12, 2021.
  • Rising treasury yields sparked by inflation fears is part of the reason investors have retreated from speculative stocks like CRISPR Therapeutics recently.
  • CRISPR Therapeutics is an early-stage "Story Stock", whose stock price moves more on news about the therapy pipeline than it does on company fundamentals.
  • This company is a buy but only for investors that have high risk tolerance and are able to withstand the volatility.

DNA and genome editing
Photo by elenabs/iStock via Getty Images

2020 was the Year

2020 was the year that the science of CRISPR really began getting recognized as making progress in becoming a potential breakthrough medical technology. CRISPR-Cas9 is a technology that can be

This article was written by

Star Investments profile picture
3.35K Followers
I have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The Motley Fool. Also because I have a engineering background, I often tend to gravitate to Tech stocks

Disclosure: I am/we are long CRSP. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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