5 Best AI Penny Stocks to Buy Now

2. GeneDx Holdings Corp. (NASDAQ:WGS)

Number of Hedge Fund Holders: 16

GeneDx Holdings Corp. (NASDAQ:WGS) is a genomics company that uses data analytics and AI to make advances in the medical diagnostics and genome testing domains. In May, GeneDx Holdings Corp. (NASDAQ:WGS) posted Q1 results. GAAP EPS in the period came in at -$3.04 missing estimates by $0.40. Revenue in the period came in at $43.14 million, surpassing estimates by $3.93 million.

As of the end of the first quarter of 2023, 16 hedge funds tracked by Insider Monkey reported owning stakes in GeneDx Holdings Corp. (NASDAQ:WGS).