5 AI Healthcare Stocks To Buy

4. Recursion Pharmaceuticals Inc. (NASDAQ:RXRX)

Recursion Pharmaceuticals Inc. (NASDAQ:RXRX) is one of the best and most notable AI healthcare stocks to buy. The Utah-based Recursion Pharmaceuticals Inc. (NASDAQ:RXRX) uses AI-enabled human biology map for drug discovery and related research. Recursion Pharmaceuticals Inc. (NASDAQ:RXRX)’s drug discovery platform combines chemistry, automated biology, and cloud computing tools to offer new and innovative therapeutic candidates. The company’s platform is known to have significantly reduced the time it takes to come up with new drug candidates.

Of the 920 hedge funds tracked by Insider Monkey as of the end of the third quarter, 15 had stakes in Recursion Pharmaceuticals Inc. (NASDAQ:RXRX).

In November, Recursion Pharmaceuticals Inc. (NASDAQ:RXRX) posted solid Q3 results. Its revenue jumped 420% in the quarter and beat estimates by $6.31 million.