15 Best Meme Stocks to Buy According to Analysts

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1. Annovis Bio, Inc. (NYSE:ANVS)

Number of Hedge Fund Holders: 4

Average Upside Potential: 267.65%

Annovis Bio, Inc. (NYSE:ANVS) is one of the best meme stocks. On August 7, Annovis announced that it has finished transferring patents for both the older semi-crystalline and the newer crystalline versions of its drug candidate, buntanetap. These patents will now protect the drug until 2046.

The company, which works on drugs for brain-related diseases, mentioned that it now has 13 patent families filed in different countries. These patents give global protection for both versions of its drug, which is being developed to treat Alzheimer’s and Parkinson’s disease.

In its press release, Annovis said it has grown its patent portfolio beyond the first patent to also cover the drug’s makeup, how it works, the different diseases it could treat, and how it might be used with other medicines.

The company added that tests on both animals and humans showed the two forms of buntanetap worked the same in the body, with equal exposure levels. These results were shared at the 2025 Alzheimer’s Association International Conference in Toronto.

The FDA has already approved the new crystalline form for Annovis’s ongoing Phase 3 trial in early Alzheimer’s disease. This trial, which started earlier this year, is taking place at over 75 sites in the US and gives participants either a daily dose of the crystalline drug or a placebo for 18 months. Annovis is working on buntanetap as a treatment for neurodegenerative diseases, focusing on its ability to tackle multiple disease processes at the same time.

Annovis Bio, Inc. (NYSE:ANVS), a drug company based in Malvern, Pennsylvania, works on developing treatments for neurodegenerative diseases.

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

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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