5 Best Quality Penny Stocks to Buy

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1. OraSure Technologies, Inc. (NASDAQ:OSUR)

Number of Hedge Fund Holders: 21

Pennsylvania-based medical devices company OraSure Technologies, Inc. (NASDAQ:OSUR) ranks 1st in our list of the best quality penny stocks to buy. In June OraSure Technologies, Inc. (NASDAQ:OSUR) jumped after the company’s Chief Financial Officer Kenneth McGrath disclosed that he bought a stake worth $500,000 in the company

As of the end of the first quarter of 2023, 21 hedge funds tracked by Insider Monkey had stakes in OraSure Technologies, Inc. (NASDAQ:OSUR). The biggest stakeholder of OraSure Technologies, Inc. (NASDAQ:OSUR) was J. Carlo Cannell’s Cannell Capital which owns a $4.8 million stake in the company.

You can also take a peek at 20 Best Burger Chains in the US and 10 Oversold Blue Chip Stocks To Buy.

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