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Stock impact report

2 Stocks That Could Soar This Year [Yahoo! Finance]

Exelixis, Inc. (EXEL) 
Last exelixis, inc. earnings: 2/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
That's precisely what could happen to Exelixis (NASDAQ: EXEL) and Summit Therapeutics (NASDAQ: SMMT) this year. And the even better news is that there are reasons to consider holding onto these drugmakers' shares even beyond the next 12 months. Let's find out more. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Exelixis is a relatively small biotech focused on oncology. Over the past decade or so, the company's sole growth driver has been Cabometyx, a medicine approved for several types of cancer, including some forms of kidney cancer. Cabometyx is an impressive drug and has earned many indications. Even so, Exelixis has been looking to diversify its lineup ahead of generic competition for its crown jewel, which is expected to enter the U.S. market by early 2030. Exelixis is making solid progress toward that goal. Late last year, it submitted an application Show less Read more
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