Prediction: This Stock Could Double Over the Next 5 Years
The obesity drug market is so large that only a small market share could lead to substantive price appreciation for the stock.
Overview
Weight loss drug developer Viking Therapeutics (NASDAQ: VKTX) has been in the news recently. The company offers substantial upside potential for investors, and although it is a speculative investment, it's attractive to risk-tolerant investors seeking a stock that could double in a few years. Here's why.
The investment case hinges on its lead weight loss drug, VK2735. The GLP-1 and GIP agonist has shown rapid weight loss in clinical trials, and investors hope it will do so again in an ongoing phase 3 trial in subcutaneous (injectable) form. Even more exciting, Viking plans to initiate a phase 3 trial of VK2735 in oral formulation later in 2026.
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Originally published at www.fool.com.