11 Best New Company Stocks to Buy in 2017

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  1. Bioverativ Inc (NASDAQ:BIVV)
  2. – Number of Hedge Funds With Long Positions (as of March 31): 35
    – Aggregate Value of Hedge Funds’ Holdings (as of March 31): $1.53 billion

    Bioverativ Inc (NASDAQ:BIVV) tops our list of the 11 best new company stocks to buy in 2017, with more hedge funds invested in it than any other new stock, as well as more money invested in it. Arthur Cohen and Joseph Healey’s Healthcor Management was one of the 35 funds to buy shares (5 million) of the company in the first quarter, with the stock instantly becoming that fund’s top pick. Those investors have been rewarded with 23% year-to-date returns, boosted by the biotechnology company’s acquisition of True North Therapeutics in May, which adds to the company’s growing pipeline of promising early-stage treatments.

    Pressmaster/Shutterstock.com

    Pressmaster/Shutterstock.com

    Follow Bioverativ Inc.

    Disclosure: None

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