5 Best Cosmetic Surgery and Aesthetics Stocks to Buy

In this article, we discuss 5 best cosmetic surgery and aesthetics stocks to buy. If you want to see our detailed discussion on the cosmetics and aesthetics sector, head directly to 10 Best Cosmetic Surgery and Aesthetics Stocks to Buy. 

5. AVITA Medical, Inc. (NASDAQ:RCEL)

Number of Hedge Fund Holders: 12

AVITA Medical, Inc. (NASDAQ:RCEL), one of the best cosmetic surgery and aesthetics stocks, functions as a regenerative medicine company in the United States, Japan, Australia, and the United Kingdom. The company provides regenerative solutions designed to meet medical requirements in areas such as burn injuries, traumatic injuries, chronic wounds, and both dermatological and aesthetic concerns, for conditions like vitiligo. On August 10, AVITA Medical, Inc. (NASDAQ:RCEL) reported a Q2 GAAP EPS of -$0.41, falling short of Wall Street estimates by $0.10. Its revenue came in at $11.75 million, exceeding market consensus by $0.18 million.

According to Insider Monkey’s second quarter database, 12 hedge funds were bullish on AVITA Medical, Inc. (NASDAQ:RCEL), in contrast to the previous quarter when 11 hedge funds had invested in the stock. Efrem Kamen’s Pura Vida Investments held the largest position in the company, with 426,321 shares worth $7.25 million.