5 Best High Risk High Reward Stocks To Buy Now

Page 1 of 5

In this piece, we will take a look at the five best high risk high reward stocks to buy now. If you want to take a look at what high risk investing is all about, then take a look at 12 Best High Risk High Reward Stocks To Buy Now.

5. Allogene Therapeutics, Inc. (NASDAQ:ALLO)

Number of Hedge Fund Investors In Q2 2023: 22

Latest P/S Ratio: 2,850

Allogene Therapeutics, Inc. (NASDAQ:ALLO) is an American biotechnology company that is developing cancer treatments. One of these treatments scored a big win in June when a phase one trial of a drug demonstrated a 42% response in six months.

As of Q2 2023, 22 out of the 910 hedge funds part of Insider Monkey’s database had held a stake in Allogene Therapeutics, Inc. (NASDAQ:ALLO). Out of these, the firm’s largest investor is Michael Rockefeller and Karl Kroeker’s Woodline Partners since it owns 5.3 million shares that are worth $26.4 million.

Follow Allogene Therapeutics Inc. (NASDAQ:ALLO)

Page 1 of 5