5 Best Vertical Farming and Hydroponic Stocks to Buy

3. AppHarvest, Inc. (NASDAQ:APPH)

Number of Hedge Fund Holders: 10

AppHarvest, Inc. (NASDAQ:APPH) is a vertical farming company developing and operating indoor farms with robotics and AI to build a climate-resilient food system. It is based in Morehead, Kentucky.

On March 7, Barclays analysts reiterated an Equal Weight rating on AppHarvest, Inc. (NASDAQ:APPH).

The average price target placed on AppHarvest, Inc. (NASDAQ:APPH) is $1.63, and the stock was trading at $0.47 on May 1. This gives it an upside potential of 246.81%.

Our hedge fund data shows 10 hedge funds long AppHarvest, Inc. (NASDAQ:APPH) in the fourth quarter, with a total stake value of $1.9 million.

Follow Appharvest Inc.