Published on 4 Nov 2023 on Insider Monkey via Yahoo Finance
In this article we present the list of 12 Best Small-Cap Biotech Stocks with Massive Potential According to Hedge Funds. Click to skip past our discussion of the biotech space and straight to the 5 Best Small-Cap Biotech Stocks with Massive Potential According to Hedge Funds.
Alkermes plc (NASDAQ:ALKS), Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX) and ImmunoGen, Inc. (NASDAQ:IMGN) are three biotech stocks that have massive potential according to some of the world’s top hedge funds. One of them even ranks among the 12 Best Performing Biotech Stocks in 2023.
Many of the best biotech stocks in the small-cap space haven’t had the kind of year that was expected of them by several analysts heading into 2023 however.