15 Strong Buy Stocks Under $5 to Buy Now

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2. Taysha Gene Therapies, Inc. (NASDAQ:TSHA)

Stock Price: $3.00

Analyst Upside: 166.67%

Number of Hedge Fund Holders: 34

Taysha Gene Therapies, Inc. (NASDAQ:TSHA) is one of the top strong buy stocks under $5 to buy now. Piper Sandler analyst Biren Amin maintained a Buy rating on Taysha Gene Therapies, Inc. (NASDAQ:TSHA) on August 18, setting a price target of $9.00.

Taysha Gene Therapies, Inc. (NASDAQ:TSHA) announced its fiscal Q2 2025 results on August 12, reporting $312.8 million in cash and cash equivalents as of June 30.

Management stated that this reflects the “gross proceeds of $230.0 million from the May 2025 follow-on financing, including full exercise of the underwriters’ option to purchase additional shares”.

Taysha Gene Therapies, Inc. (NASDAQ:TSHA) expects its current cash resources to support its planned operating expenses and capital requirements into 2028.

Taysha Gene Therapies, Inc. (NASDAQ:TSHA) is a clinical-stage biotechnology company that develops and commercializes adeno-associated virus (AAV) based gene therapies to treat monogenic diseases of the central nervous system.

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