5 Best Booming Stocks to Buy Right Now

3. Merus NV (NASDAQ:MRUS)

Number of Hedge Fund Investors: 36

Netherlands-based biotechnology company Merus NV (NASDAQ:MRUS) ranks third in our list of the best booming stocks to buy now. TD Cowen earlier this month said Merus NV (NASDAQ:MRUS) was one of the biotech stocks likely to outperform this year.

In November, Merus NV (NASDAQ:MRUS) posted Q3 results. GAAP EPS in the period came in at -$0.43, beating estimates by $0.27. Revenue in the quarter jumped about 67.6% year over year to $11.03 million, surpassing estimates by $0.62 million.

The stock is up 56% year to date.

Insider Monkey’s database of 933 funds shows that 36 hedge funds had stakes in Merus NV (NASDAQ:MRUS).