Top 5 Best Genomics Stocks to Watch 2024

Brandie E Blackler
10 Min read

The term ‘genomics’ is likely not the most known term amongst the general public.

That said, have you ever heard of genomics stocks? For those taking an interest in trading and finance, one may have come across it – Especially considering the booming trends in biotechnology and biohacking. 

Genomics stocks, also known as genetic stocks or genome stocks, and the genomic industry can be considered one of the leading revolutionary innovation areas in the future regarding human evolution. 

Sounds exciting, right? It is. Keep reading to learn more about what genomics is, exactly, and what are some of the potentially best genomic stocks to watch, along with advantages and disadvantages. 

What are Genomics Stocks? 

Before we get into genomics stocks and the best genomics stocks to watch, let’s give you a bit of background on the genomics industry. 

Coming from the term ‘genome’, genomics is basically the study of genes or genetics and their functions (and how to manipulate them).

While we don’t want to go too deep into biology, genomes are what make up our DNA which is very much associated with our hierarchical composition that makes up our characteristics as individual humans. 

So, why would genomic stocks be popular in the first place for traders and investors? 

Perhaps you’ve heard of, or even done yourself, a DNA test – which has arguably become very popular over the last few years.

People in general have become more interested in understanding their DNA and the potential solutions to manipulate or ‘hack’ them for a healthier, longer life. 

To overview the sub-vertical of the genomics industry, we can break it down into three categories. 

First, genetic sequencing/analysis; this is basically covering genetic research which is conducted through genetic testing. 

Second, genetic diagnostics; helps to identify genetic variations which in turn can help to identify potential future underlying health conditions. One can imagine how in demand this testing could become within the healthcare industry. 

Lastly, genetic editing; by, literally, having the technology to edit our genetics, we can make disease recovery and prevention a viable solution. 

Now that we’ve covered a reasonable understanding of genomics and hence the importance of genomics stocks in finance, let’s take a look at some of the advantages and disadvantages of genomics stocks. 

If you’d like to join one of our upcoming trading webinars, feel free to register by clicking the banner below: 

Free trading webinars

Tune into live webinars hosted by our trading experts

Advantages and Disadvantages of Genomics Stocks 

As with any industry, regardless of how exciting or trendy it is, there are simply always advantages and disadvantages. 

Especially with a relatively new industry such as genomics, risks and volatility can run high and it's important to consider all scenarios before investing or trading. 

Advantages of Genomics Stocks 

  • With many innovation investors, such as Cathie Wood, this stock sector currently appears to be up-trending and attracting new investors. Cathie Wood has established a Genomic Revolution ETF via her Ark Invest company. 
  • While genomics is a trendy topic, the science behind it could potentially benefit humanity in that it is a revolutionary technology to aid disease prevention and recovery. 
  • According to finance analysts, the genomics market could reach $59.5 billion by 2027. 

Disadvantages of Genomics Stocks 

  • Like any new and trending stock sector, it naturally comes with much added risk and volatility compared to established sectors. This is a very important disadvantage to consider as well as a reminder to always first establish your risk tolerance in line with your risk management strategy. 
  • According to the S&P Biotechnology Select Industry Index, genomic stocks were generally in decline during the year 2022. 
  • Given the immaturity of the genomic stock sector, it yields a risk that companies which exist today, may not in the future; this can be due to acquisition, bankruptcy or other factors.

If you’ve yet to register with Admirals, you can start by signing up for a demo account where you can practice trading on our platform using virtual funds. Click the banner below: 

Risk Free Demo Account

Register for a Free Online Demo Account and Master Your Trading Strategy

What are the Best Genomics Stocks to Watch? 

Now that we understand both the advantages and disadvantages of genomics stocks, what are potentially some of the best genomic stocks to watch? 

1. Illumina Inc CFD 

  • Illumina is considered to be one of the leading companies in the sub-sector of genetic sequencing.
  • Illumina has a current market cap of $23.82 billion (as of September 2023), showing a strong position in the sector. 
  • From when the company started in 2001 up until 2021, they have had consistent growth in its market cap. 
  • However, in 2022, the market cap was down -46.51% from 2021. 
  • The potential for growth in gene sequencing is not what it used to be, which could be a negative sign if Illumina can’t establish strong long-term leadership. 

You can trade the Illumina Inc CFD at Admirals. Please consider your risk tolerance before trading. 

2. Exact Sciences Corp CFD 

Exact Sciences Corp works with molecular diagnostics, or genomic diagnostics, with a main focus on various cancers and how to detect such cancer at an early age. They are a US company. 

  • Exact Sciences developed the Cologuard, an at-home colon cancer test. It is considered the company’s biggest revenue driver ($1 billion in 2022) and is one of the most popular options in the US consumer market. 
  • Exact Sciences have established its niche in genomic cancer diagnostics, which could be a positive for investors considering the business has a very specific vision. They have also been established since 1991, displaying authority in the sector. 
  • As of September 2023, the 52-week range is between $29.27 - 100.31, suggesting high volatility and higher risk. 
  • The company does not offer a dividend, which can be a downside for some investors. 

You can trade the Exact Sciences Corp CFD at Admirals via Trade.MT5 account

View the Daily movements of EXAS via the TradingView widget, below:

*Past performance is not reflective of future results.

3. Invitae Corp

Invitae offers genetic testing which can be integrated into medical practices easily and efficiently. They were also established in the US, in San Francisco, CA. 

  • Compared to competitors, Invitae offers less expensive genetic testing which can test thousands of genetic variants (rather than only one). Their product offering appears competitive. 
  • With the current price of around $2.50 per share (January 2023), it would be considered an affordable stock for all levels of traders and investors. 
  • With a 52-week range of $0.79 - 3.77, it appears to be a very volatile stock which increases risk. 
  • Invitae also does not offer a dividend which can be unattractive. 

You can invest in Invitae Corp stocks with Admirals via the Invest.MT5 account. 

4. Fulgent Genetics Inc

Fulgent Genetics works within the sub-sector of genomic sequencing specializing in the area of infectious and rare diseases. They are also based in California, USA. 

  • Fulgent had its big breakthrough in 2020 during the pandemic, where it capitalized on covid-19 testing. This has opened the doors for growth in their other testing product offerings, which could be a positive for the future stock price. 
  • According to their income statement on YahooFinance!, they have grown steadily Year-over-Year (YoY) from 2019 to current (September 2023). 
  • Fulgent faces much competition in the sequencing and testing sector, which could make the future volatile for stock price. 
  • The projected Earnings Per Share (EPS) trend is currently at –2.18 for 2023, which could mean a rough year for the company (although this is only a projection). 

You can invest in Fulgent Genetics Inc stock via Admirals’ Invest.MT5 platform

5. CRISPR Therapeutics AG CFD 

CRISPR Therapeutics is a Swiss-American genomic editing company based out of Switzerland. They focus on developing gene-based medicines for serious diseases. 

  • According to YahooFinance!, CRISPR has a projected revenue estimate of $151.09 million by the end of 2023. This is up from $2.56 million in the year 2022, a significant increase. 
  • The company has pending approvals from both Europe and U.S Food and Drug Admin for experimental gene-editing therapy. If approval goes through, this could be very beneficial to the stock price. 
  • While the gene-editing drugs could be a major breakthrough, the future of the success is still questionable making this stock potentially a higher-risk option. 
  • As of January 2023, the 52-week range is $38.94 - 86.95, proving it is highly volatile. 

You can trade the CRISPR Therapeutics AG CFD at Admirals with the Trade.MT5 platform.

Conclusion: Genomics Stocks 

While the genomics stock sector is certainly interesting, it is equally quite complicated. With a topic so advanced scientifically, it’s reasonable to understand why.

One thing we can establish is that this sector will indeed be volatile into the foreseeable future, which is likely the most important aspect for investors and traders to consider before getting involved.

On a final thought and elevated perspective, genomics stocks arguably have the same qualities as tech stocks, in that they are innovative and daring. Is this right for you as an investor or trader? Only you can decide. 

If you’d like to register a live account with Admirals, you can do so by clicking the banner below. Please always keep in mind that trading is a high-risk activity and you must practice risk management. 

Open a Live Account

Trade the Live Markets and Trade Efficiently


Are genomic stocks a good investment?

Whether or not genomic stocks are a good investment is always completely subjective; it depends on each individual investor, their knowledge in the sector, risk tolerance and investment style.



What is the future of genomic stocks?

In 20222, many genomic stocks saw a decline, however the market is projected to grow 17.3% annually and potentially reach $21 billion by 2030.


Other Articles of Interest:


The given data provides additional information regarding all analysis, estimates, prognosis, forecasts, market reviews, weekly outlooks or other similar assessments or information (hereinafter “Analysis”) published on the websites of Admiral Markets investment firms operating under the Admiral Markets and Admirals trademarks (hereinafter “Admirals”). Before making any investment decisions please pay close attention to the following: 
1. This is a marketing communication. The content is published for informative purposes only and is in no way to be construed as investment advice or recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and that it is not subject to any prohibition on dealing ahead of the dissemination of investment research. 
2. Any investment decision is made by each client alone whereas Admirals shall not be responsible for any loss or damage arising from any such decision, whether or not based on the content. 
3. With view to protecting the interests of our clients and the objectivity of the Analysis, Admirals has established relevant internal procedures for prevention and management of conflicts of interest. 
4. The Analysis is prepared by an independent analyst (hereinafter “Author”) based on Brandie E Blackler, Financial Analyst, personal estimations. 
5. Whilst every reasonable effort is taken to ensure that all sources of the content are reliable and that all information is presented, as much as possible, in an understandable, timely, precise and complete manner, Admirals does not guarantee the accuracy or completeness of any information contained within the Analysis. 
6. Any kind of past or modeled performance of financial instruments indicated within the content should not be construed as an express or implied promise, guarantee or implication by Admirals for any future performance. The value of the financial instrument may both increase and decrease and the preservation of the asset value is not guaranteed. 
7. Leveraged products (including contracts for difference) are speculative in nature and may result in losses or profit. Before you start trading, please ensure that you fully understand the risks involved. 

How to Invest in Coca Cola Shares And Dividends in 2023
Are Coca Cola Shares worth watching in 2023? The leading soft drinks company has been paying out dividends for decades, each time at a higher value, in addition to earning impressive returns. This makes it an attractive investment. It is one of the most well-known brands in the world,...
Should I Invest in Tesla Shares?
Electric Vehicle (EV) ownership is on the rise and, due to the need to reduce our emissions, it is probably a fairly safe assumption that demand for EVs will continue to rise in the future. Although competition has increased significantly in the EV sector, there is still one undisputed king: Tesla.I...
Investing in Netflix in 2023 - How to Start?
There are two ways to invest in Netflix: directly purchasing shares or speculating on price movement using CFDs. Currently, its share price has plummeted due to subscriber losses... could this be a good time to consider investing in Netflix at a lower price? Netflix (NASDAQ: NFLX) is one of the few...
View All