11 Hot Growth Stocks to Invest in Now

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​7. Stoke Therapeutics, Inc. (NASDAQ:STOK)

6-Month Performance: 370.90%

Number of Hedge Fund Holders: 22

​Stoke Therapeutics, Inc. (NASDAQ:STOK) is one of the Hot Growth Stocks to Invest in Now. On October 10, Ananda Ghosh from H.C. Wainwright reiterated a Buy rating on Stoke Therapeutics, Inc. (NASDAQ:STOK) with a $35 price target.

​The analyst noted the promising potential of the company’s Zorevunersen for treating Dravet syndrome as one of the key reasons behind their bullish sentiment. Ghosh highlighted that the drug’s 36-month open-label extension data showed long-term reduction in major motor seizure frequency along with cognitive and behavioral improvements. The analyst believes these results suggest that the treatment has the potential to become the first disease-modifying therapy for Dravet syndrome.

​In addition, Zorevunersen differentiates itself from the existing treatments due to its primary focus on symptomatic relief.

​Stoke Therapeutics, Inc. (NASDAQ:STOK) is a biotech company that develops RNA-based medicines for treating various diseases by increasing protein expression. Zorevunersen is one of the company’s lead drugs.

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