10 Best Penny Stocks to Buy for 2025

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1. Geron Corporation (NASDAQ:GERN)

Stock Upside Potential: 124.41%

Number of Hedge Fund Holders: 29

Geron Corporation (NASDAQ:GERN) is a late-stage clinical biopharmaceutical company that focuses on developing and commercializing therapeutics for myeloid hematologic malignancies. The company’s lead product, Imetelstat, effectively treats myelodysplastic syndromes (MDS) and myelofibrosis (MF). Consequently, the company remains well-positioned to be a key player in the oncology market.

Geron Corporation (NASDAQ:GERN) has already achieved a significant milestone for the US Food and Drug Administration, approving the drug for blood disorders. The approval paves the way for the injectable drug branded as Rytelo to treat transfusion-dependent anaemia in patients with lower-risk myelodysplastic syndromes (MDS).

Geron Corporation (NASDAQ:GERN) also focuses on expanding its flagship product’s commercial reach as it looks to strengthen its revenue streams. In order to support its commercialization efforts, the company has negotiated favorable funding agreements with Royalty Pharma and Pharmakon Advisors, which have contributed $375 million in non-dilutive financing.

The business intends to use this money to develop its distribution network, grow its commercial staff, and invest in sales and marketing campaigns. A marketing authorization application (MAA) review for lower-risk MDS is one of the additional indications for Imetelstat that Geron Corporation (NASDAQ:GERN) is pursuing. This review could result in approval in early 2025.

While we acknowledge the potential of Geron Corporation (NASDAQ:GERN), our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GERN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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