Amicus Therapeutics, Inc. (FOLD) Shares March Higher, Can It Continue?

www.investing.com/analysis/amicus-therapeutics-inc-fold-shares-march-higher-can-it-continue-200489910

By Zacks Investment Research | Dec 03, 2019 09:28PM ET

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As of late, it has definitely been a great time to be an investor in Amicus Therapeutics, Inc. ( (NASDAQ:FOLD) ). The stock has moved higher by 16.5% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider FOLD’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as FOLD has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.

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Amicus Therapeutics, Inc. (FOLD) Shares March Higher, Can It Continue?

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