Live On CNBC, StemPoint Capital CIO Michelle Ross Mentions Crinetics Pharmaceuticals As A GLP-1 Adjacent Play During Halftime Segment 'Opportunities In Biotech' Calling It Her "Best Biotech Idea"
Portfolio Pulse from Benzinga Newsdesk
During CNBC's Halftime segment 'Opportunities In Biotech', Michelle Ross highlighted Crinetics Pharmaceuticals (CRNX) as her top biotech pick, labeling it a GLP-1 adjacent play.
April 03, 2024 | 4:40 pm
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Michelle Ross named Crinetics Pharmaceuticals as her 'Best Biotech Idea' on CNBC, focusing on its potential as a GLP-1 adjacent play.
Given the platform and influence of CNBC, especially during a segment dedicated to biotech opportunities, Michelle Ross's endorsement of Crinetics Pharmaceuticals as a top biotech pick could significantly boost investor interest and confidence in CRNX. The mention of it being a GLP-1 adjacent play further highlights its potential in a hot area of biotech, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100