5 Best Biotech Stocks Under $10

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1. IVERIC bio, Inc. (NASDAQ:ISEE)

Number of Hedge Fund Holders: 41

Total Value: $489.20 million

Share Price as of August 30: $9.99

IVERIC bio, Inc. (NASDAQ:ISEE) is a biotech company that focuses on age-related retinal diseases. The firm has a market cap of $1.18 billion. As of August 2022, Kurt Von Emster’s VenBio Select Advisor is the largest shareholder with shares worth $68.49 million.

Eliana Merle, an analyst from UBS, kept a buy rating for the company with the price target price of $20. If Zimura is effective in the next GATHER2 Phase 3 topline in geographic atrophy expected in September, the analyst is bullish on the company’s prospects.

According to Insider Monkey’s Q2 data, 41 hedge funds had stakes in IVERIC bio, Inc. (NASDAQ:ISEE). The total value of the holdings is $489.20 million.

You can also look at Top 10 Technology Stocks to Buy According to Billionaire Cliff Asness and Donald Yacktman’s Latest Portfolio: Top 10 Stock Picks.

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