5 Best CBD Stocks To Buy Now

Page 5 of 5

1. Jazz Pharmaceuticals plc (NASDAQ:JAZZ)

Number of Hedge Fund Holders: 43

Jazz Pharmaceuticals plc (NASDAQ:JAZZ) was incorporated in 2003 and is headquartered in Dublin, Ireland. The biopharmaceutical company, through its industry-leading GW Cannabinoid Platform, is a leading expert in cannabinoid science and uses cannabis-based medicines to revolutionize treatment for diseases that are often overlooked and change the definition of living with such conditions. It is one of the best marijuana stocks to monitor. 

On December 8, Goldman Sachs analyst Madhu Kumar upgraded Jazz Pharmaceuticals plc (NASDAQ:JAZZ) to Buy from Neutral with a price target of $190, down from $192. The analyst cited his positive outlook on operating margin performance and the potential for multiple upside levers. 

According to Insider Monkey’s Q3 data, 43 hedge funds were bullish on Jazz Pharmaceuticals plc (NASDAQ:JAZZ), compared to 40 funds in the preceding quarter. Bernard Horn’s Polaris Capital Management is the leading stakeholder of the company, with 1.47 million shares worth $196 million. 

Follow Jazz Pharmaceuticals Plc (NASDAQ:JAZZ)

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out 13 Best Value Dividend Stocks to Buy and 10 Hot Healthcare Stocks To Buy Now

Page 5 of 5