5 Best Medical Stocks to Buy Under $10

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1. Travere Therapeutics, Inc. (NASDAQ:TVTX)

Share Price as of February 21: $7.90

Number of Hedge Fund Holders: 36

San Diego, California-based Travere Therapeutics, Inc. (NASDAQ:TVTX) is a biopharmaceutical company focused on developing therapies for rare diseases. It has two approved therapies: FILSPARI® (sparsentan) for adults with primary IgA nephropathy, and THIOLA EC® (tiopronin) to help prevent the formation of one type (cystine) of kidney stones.

On September 5, Travere Therapeutics, Inc. (NASDAQ:TVTX) completed the sale of its bile acid product portfolio that includes Cholbam and Chenodal to Mirum Pharmaceuticals, Inc. (NASDAQ:MIRM). The company received $210 million at closing and is eligible for up to $235 million in potential sales-based milestone payments.

Travere Therapeutics, Inc. (NASDAQ:TVTX) ranks #1 on our list of 12 best medical stocks to buy under $10 based on the number of hedge funds holding its shares as of December 31, 2023. The shares of the company were owned by 36 hedge funds with a total value of $310 million.

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