15 Best Multibagger Stocks to Invest in Right Now

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1. aTyr Pharma Inc. (NASDAQ:ATYR)

Market Cap: $523 Million

Price Return over 1-Year: 209%

Potential Upside: 245%

Number of Hedge Fund Holders: 16

aTyr Pharma Inc. (NASDAQ:ATYR) is one of the best multibagger stocks to invest in right now. On August 22, Leerink Partners’ Faisal Khurshid reiterated a Buy rating on aTyr Pharma Inc. (NASDAQ:ATYR) with a $16 price target. His view reflects optimism around the EFZO-FIT trial, which is testing efzofitimod as a potential treatment for pulmonary sarcoidosis.

Khurshid highlights that feedback from two MEDACorp key opinion leaders (KOLs) involved in the study suggests that efzofitimod could offer a safe, steroid-sparing option if the results prove favorable. He said that anecdotal cases of successful steroid tapering added to the confidence, even though the trial’s small size and blinded design limit visibility. Both KOLs highlighted the strength of patient selection and trial operations, which were structured to reduce placebo effects.

One of the KOLs had calculated the probability of success at 65-70%, slightly above Khurshid’s own 60% view. While the trial remains high-risk, Khurshid believes the potential reward justifies the Buy rating, given efzofitimod’s opportunity to address a serious unmet medical need.

aTyr Pharma Inc. (NASDAQ:ATYR) is a clinical-stage biotechnology company leveraging evolutionary intelligence to translate tRNA synthetase biology into new therapies for fibrosis and inflammation.

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

READ NEXT: 10 Most Shorted Stocks Right Now and 10 Best High Beta Stocks To Buy Now.

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