Hidden Gem Report: Intercept Pharma Ready To Explode

Shares of Intercept Pharmaceuticals Inc (ICPT) are a Hidden Gem. This biotech company is flying under the radar and could see easily 100% upside in the near-term based on both fundamental and technical signals. Below I will lay out my case for why Intercept Pharma could go to $35 or even $40 per share in the next 6 months.

  1. Intercept Pharma has a market cap of $580 million while the company has $411 million in cash. In addition, the company will do almost $350 million in revenue in 2021. If you take out the cash, investors are valuing Intercept Pharma’s business at only $170 million, a company that will do nearly $350 million in revenue this year.
  2. Intercept Pharma beat earnings and revenue estimates in their latest quarter. The stock is performing/growing nicely. Next year it could do as much as $400 million in revenue.
  3. The drug pipeline for Intercept Pharma is intriguing.
  4. Intercept Pharma has 27% of the float short. This sets up for a HUGE short squeeze on any good news or if the Reddit crowd just wants to run it.
  5. The technical stock chart has a beautiful bullish flag pattern over the last week. This implies a big move could be just days away.
  6. A trend line extending from December 2019 to May 2020 and January 2021 clearly shows price having broken above it. This signals a break of resistance

Overall, Intercept Pharma is a Hidden Gem that investors should take a look at. Considering valuation, growth and the technical charts, Intercept Pharma has strong signals a major up-move is on the horizon. Investors should definitely take note.

(Click on image to enlarge)

Disclaimer: All comments made by InTheMoneyStocks, LLC and its subsidiaries, instructors, and representatives are for educational and informational purposes only and should not be construed as ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.