10 Micro Cap Stocks That Will Skyrocket

7. Exscientia plc (NASDAQ:EXAI)

Number of Hedge Fund Investors  in Q1 2024: 9

Date of Newsletter: June 17th

Ray Blanco’s Catalyst Trader newsletter starts with hard hitting ‘facts’ about this stock. It mentions Harvard, Yale, Stanford, and Johns Hopkins as having discovered a “Hidden Cure To Cancer” and touts that a “tiny $6 stock is behind this massive AI cancer discovery.” The science behind this major discovery is a CDK7 inhibitor that stops tumor growth in mice, and as if this weren’t enough, the company was founded by a “world-famous scientist.”

These clues lead Gumshoe to conclude that the stock is Exscientia plc (NASDAQ:EXAI) – a UK based biotechnology company with agreements with big ticket names such as Bristol Myers and Merck. Its scientist was fired for inappropriate workplace relationships though, and its miracle drug GTAEXS617 is in clinical trials right now. The firm aims to expand its trials later this year, and while Gumshoe isn’t impressed by its prospects, it is excited about the industry partnerships that could generate milestone payments down the road.