5 Best Biotech Stocks To Buy According To Hedge Funds

4. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Investors In Q1 2023: 73

Pfizer Inc. (NYSE:PFE) is another pharmaceutical giant. One of the firm’s most famous and successful biotechnology products was its coronavirus vaccine developed with mRNA technology. Pfizer Inc. (NYSE:PFE) was set up in 1849 and is based in New York, New York.

73 of the 943 hedge funds polled by Insider Monkey’s database had bought Pfizer Inc. (NYSE:PFE)’s shares as of March 2023. Its largest hedge fund investor is Jim Simons’ Renaissance Technologies since it owns 12.1 million shares that are worth $495 million.

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