5 Best Growth Stocks Under $20 to Buy

4. Alignment Healthcare Inc. (NASDAQ:ALHC)

Number of Hedge Fund Holders: 41

Alignment Healthcare Inc. (NASDAQ:ALHC) is one of the best growth stocks under $20 to buy. On May 12, Alignment Healthcare announced a series of leadership updates to support its long-term growth and scale. Founder and CEO John Kao has assumed the additional role of Chairman of the Board, while previous Chairman Joseph Konowiecki transitions to Vice Chairman and Executive Vice President of Corporate Affairs, where he will oversee Human Resources, Legal, and Communications.

The company is also expanding its executive team to support operational and provider-focused capabilities. Mark Kent joins as President of the Management Services Organization/MSO to lead provider support and operational execution, and Shane Hochradel joins as Chief Operations Officer to oversee enterprise operations across Medicare, Medicaid, and commercial lines.

These structural changes are designed to enhance organizational cohesion, operational efficiency, and strategic execution. By adding deep leadership experience to these core functions, Alignment Healthcare Inc. (NASDAQ:ALHC) aims to solidify its growth trajectory and focus on delivering improved clinical and financial outcomes for the seniors and providers it serves.

Alignment Healthcare Inc. (NASDAQ:ALHC) offers a consumer-centric platform for delivering personalized healthcare solutions through its Medicare Advantage plans. The company also offers health options via its Alignment Health Plan.

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