5 Best Growth Stocks to Buy and Hold for Several Years

3. G1 Therapeutics, Inc. (NASDAQ: GTHX)

Number of Hedge Fund Holders: 12

G1 Therapeutics is a small molecule therapeutics company focusing on treating cancer.  The stock has gained 20% year to date.

Earlier in June, the company’s rintodestrant showed anti-tumor activity in patients with advanced breast cancer when combined with Ibrance.

In the first quarter, the company’s Q1 GAAP EPS came in at -$0.65, beating the Street’s forecast by $0.42. Revenue in the quarter totaled $14.22 million, above the consensus by $13.44 million.

With several products in the pipeline and growth catalysts on the horizon, G1 Therapeutics, Inc. ranks 3rd in the list of the best growth stocks to buy in 2021 and hold for several years.

The company is also getting the attention of the smart money, as 12 hedge funds tracked by Insider Monkey reported owning stakes in the company at the end of the first quarter, down from 16 funds a quarter earlier.