11 Best Performing Healthcare Stocks to Buy Now

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3. Soleno Therapeutics, Inc. (NASDAQ:SLNO)

YTD Performance: 70.81%

Number of Hedge Fund Holders: 39

Soleno Therapeutics, Inc. (NASDAQ:SLNO) ranks third on our list of the best-performing healthcare stocks to invest in right now. It is a clinical-stage biopharmaceutical company that develops and commercializes novel therapeutics to treat rare diseases. The company focuses on the treatment of neurobehavioral and metabolic disorders. Its lead candidate, Diazoxide Choline Controlled-Release (DCCR), is an oral tablet that treats Prader-Willi Syndrome (PWS).

On April 14, Soleno Therapeutics, Inc. (NASDAQ:SLNO) announced that its VYKAT XR extended-release tablets are now commercially available in the United States for the treatment of Prader-Willi syndrome, which was approved by the US Food and Drug Administration on March 26, 2025. The company has developed an elaborate support program called Soleno ONE to help healthcare providers, caregivers, and patients in accessing the drug.

On April 15, H.C. Wainwright analyst Ram Selvaraju reiterated a Buy rating on Soleno Therapeutics, Inc. (NASDAQ:SLNO) and set a price target of $100.00.

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