20 Best Biotech Stocks Under $20 to Buy Now

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1. Amicus Therapeutics, Inc. (NASDAQ:FOLD)

Number of Hedge Fund Holders: 45

Stock Price: $14.28

Amicus Therapeutics, Inc. (NASDAQ:FOLD) tops our list for being one of the best biotech stocks.

TheFly reported on January 22 that Jefferies downgraded FOLD to Buy from Hold and lowered the price target to $14.50 from $16. The company got substantial pharmaceutical takeover interest outside of BioMarin, according to proxy records, but Jefferies does not expect any more proposals.

Separately, last month on December 19, BioMarin announced that it will acquire Amicus Therapeutics, Inc. (NASDAQ:FOLD) for $14.50 per share in an all-cash transaction, valuing the company at approximately $4.8 billion. The acquisition adds two marketed therapies that are Galafold for Fabry disease and Pombiliti + Opfolda for Pompe disease, which generated $599 million in combined revenue over the past four quarters.

Amicus Therapeutics, Inc. (NASDAQ:FOLD) is a biotechnology company that us focused on developing and commercializing innovative treatments for rare and orphan diseases. Its pipeline includes therapies for genetic and metabolic disorders, such as Fabry disease, leveraging precision science and patient‑centric solutions to improve long‑term health outcomes.

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

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

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