11 Best American Penny Stocks to Buy According to Analysts

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8. Clover Health Investments, Corp. (NASDAQ:CLOV)

Price: $2.94

Number of Hedge Fund Holders: 33

Analyst Upside Potential: 53.06%

Clover Health Investments, Corp. (NASDAQ:CLOV) is one of the Best American Penny Stocks to Buy According to Analysts. On July 9, Clover Health Investments, Corp. (NASDAQ:CLOV) announced a new pharmacy pilot program in New Jersey. The new program is being launched in partnership with IPC Digital Health, which connects independent community pharmacies across the state.

The program is aimed at helping seniors. Management noted that local pharmacies in the iCare+ network will be the backbone of this initiative. As these pharmacies already know their communities and will use new technology and virtual services to assist patients, especially those with chronic health conditions.

A key part of the program is using real-time tools, powered by Clover Health Investments, Corp. (NASDAQ:CLOV)’s data and AI. These tools will monitor if prescriptions are filled and help spot when patients miss doses. Pharmacists will work closely with doctors and care teams to ensure seniors always get the right medicine at the right time, close to where they live.

Clover Health Investments, Corp. (NASDAQ:CLOV) is a technology company that helps improve healthcare for people on Medicare, especially seniors.

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