11 Best All-Time Low Stocks to Buy According to Analysts

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1. Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE)

Price: $27.31

All-time Low Price: $27.20

Number of Hedge Fund Holders: 55

Analyst Upside Potential: 196.59%

Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) is one of the 11 Best All-Time Low Stocks to Buy According to Analysts. On July 12, Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) announced that the FDA had issued a Complete Response Letter for its application to approve UX111.

UX111 is a gene therapy to treat patients with Sanfilippo syndrome type A. The CRL means the FDA cannot yet approve UX111. This is due to the issues related to Chemistry, Manufacturing, and Controls (CMC) and findings from facility inspections. These focus on the production process and manufacturing sites. Notably, the FDA did not find problems with the clinical trial data or the quality of the product itself.

Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) believes these facility and process observations can be addressed soon. The company has already fixed some issues and is working quickly to resolve the rest.

Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) is a biopharmaceutical company engaged in developing treatments for rare and ultra-rare genetic diseases.

While we acknowledge the potential of RARE 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 RARE and that has 100x upside potential, check out our report about this cheapest AI stock.

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