5 High Growth Penny Stocks that are Profitable

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1. Precigen, Inc. (NASDAQ:PGEN)

Q/Q Sales Growth: 406%

Number of Hedge Fund Holders in Q4 2022: 13

Precigen, Inc. (NASDAQ:PGEN) is a genetic and cellular engineering company that makes treatments for immune system disorders. The firm is based in Germantown, Maryland.

Precigen, Inc. (NASDAQ:PGEN) had a strong third quarter of 2022, as it reported $16.7 million in revenue. This enabled it to post 406% annual growth, and at the same time, the firm also reported $87 million in net income. As of Q4 2022, 13 of the 943 hedge funds polled by Insider Monkey had bought the firm’s shares.

Follow Precigen Inc. (NYSE:PGEN)

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