5 Best Large-Cap Biotech Stocks To Buy Now

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1. Horizon Therapeutics Public Limited (NASDAQ:HZNP)

No of HFs: 61

Total Value of HF Holdings: $4 Billion

The top best large biotech stock to buy now is Horizon Therapeutics Public Limited. HZNP is a biopharmaceutical company that focuses on the researching, developing, and marketing of medicines that address critical needs for people impacted by rare and rheumatic diseases. During the third quarter of 2020, the company reported net sales of $636.4 million, an increase of 90 percent compared to the third quarter of 2019.

The top hedge fund holder of this stock is Jim Simon’s Renaissance Technologies which had over $682 million invested in the stock at the end of September.

Please also see 10 Best Chinese Stocks to Buy Now and 10 Best Growth Stocks to Buy According to Ray Dalio.

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