5 Best High Risk High Reward Stocks To Buy Now

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1. Karuna Therapeutics, Inc. (NASDAQ:KRTX)

Number of Hedge Fund Investors In Q2 2023: 42

Latest P/S Ratio: 1,030

Karuna Therapeutics, Inc. (NASDAQ:KRTX) develops drugs for mental disorders such as schizophrenia. The firm’s loss per share widened in its second quarter, but its revenue is slated to grow by 62% over the next three years.

42 out of the 910 hedge funds part of Insider Monkey’s Q2 2023 database had bought the firm’s shares. Out of these, the largest Karuna Therapeutics, Inc. (NASDAQ:KRTX) investor is Andreas Halvorsen’s Viking Global since it owns $205 million worth of shares.

Follow Karuna Therapeutics Inc.

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