5 Best Cosmetic Surgery and Aesthetics Stocks to Buy

3. Cutera, Inc. (NASDAQ:CUTR)

Number of Hedge Fund Holders: 22

Cutera, Inc. (NASDAQ:CUTR) delivers aesthetic and dermatological solutions to medical professionals globally. The company engages in the development, production, and promotion of energy-based product platforms specifically for medical practitioners. It also distributes skincare products manufactured by third parties. On August 8, Cutera, Inc. (NASDAQ:CUTR) reported a Q2 GAAP EPS of -$1.59 and a revenue of $61.2 million, missing Wall Street estimates by $0.74 and $3.73 million, respectively. However, it remains one of the best aesthetics stocks to buy according to smart investors. 

According to Insider Monkey’s second quarter database, 22 hedge funds were bullish on Cutera, Inc. (NASDAQ:CUTR), compared to 21 funds in the previous quarter. Israel Englander’s Millennium Management held a significant position in the company, with 1.45 million shares worth $21.9 million.

Follow Cutera Inc (NASDAQ:CUTR)