5 Best Biotech Stocks To Buy According To Hedge Funds

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In this piece, we will take a look at five best biotechnology stocks to buy according to hedge funds. For more stocks, head on over to 14 Best Biotech Stocks To Buy According To Hedge Funds.

5. Eli Lilly and Company (NYSE:LLY)

Number of Hedge Fund Investors In Q1 2023: 72

Eli Lilly and Company (NYSE:LLY) is a major pharmaceutical company in the U.S. The firm makes medicines and treatments for several diseases such as arthritis, cancers, anxiety disorders, and other diseases. It also has partnerships with several biotechnology companies.

By the end of this year’s first quarter, 72 of the 943 hedge funds part of Insider Monkey’s database had held a stake in the company. Eli Lilly and Company (NYSE:LLY)’s largest hedge fund investor is Ken Fisher’s Fisher Asset Management since it owns 4.1 million shares that are worth $1.4 billion.

Follow Eli Lilly & Co (NYSE:LLY)


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