10 Best US Stocks Under $5 to Buy

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6. Geron Corporation (NASDAQ:GERN)

Share Price: $1.58

Number of Hedge Fund Holders: 34

Geron Corporation (NASDAQ:GERN) is one of the best US stocks under $5 to buy. On May 7, Wedbush reiterated its Outperform rating on Geron Corporation (NASDAQ:GERN) with a price target of $5 on the stock. This update comes after the company reported results for the first quarter of 2026 and recent business developments.

During the first quarter of 2026, Geron Corporation (NASDAQ:GERN) reported $51.8 million in net product revenue from RYTELO (imetelstat), an 8% increase compared to the fourth quarter of 2025. The company also reiterated its 2026 guidance, expecting RYTELO net product revenue to range between $220 million and $240 million. Total operating expenses for the year are expected to be between $230 million and $240 million.

Geron Corporation (NASDAQ:GERN) said it continued to move forward with investigator-sponsored and real-world evidence trials focusing on RYTELO’s mechanistic studies, combinations and sequencing, earlier-line use and new settings. The company expects initial data from these trials in the second half of 2026.

The company also continued investing in its Chemistry, Manufacturing and Controls operations to strengthen the RYTELO supply chain. Geron Corporation (NASDAQ:GERN) also said it validated a second supplier for the product.

Geron Corporation (NASDAQ:GERN) is a commercial-stage biopharmaceutical company focused on developing therapies for patients with blood cancers.

While we acknowledge the potential of GERN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GERN and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best US Stocks Under $5 to Buy.

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