5 Best Quality Penny Stocks to Buy

Page 1 of 5

In this article, we will take a look at the 5 best quality penny stocks to buy. To see more such companies, go directly to 12 Best Quality Penny Stocks to Buy.

5. Chimerix, Inc. (NASDAQ:CMRX)

Number of Hedge Fund Holders: 13

Chimerix, Inc. (NASDAQ:CMRX) is working on treatments for fatal diseases. Chimerix, Inc. (NASDAQ:CMRX) is also featured on our list of the best rated penny stocks to buy since analysts believe the stock has a strong upside potential from the current levels. In May, Baird started covering Chimerix, Inc. (NASDAQ:CMRX) with an Outperform rating and gave a $7 price target to the stock.

As of the end of the first quarter of 2023, 13 hedge funds in Insider Monkey’s database had stakes in Chimerix, Inc. (NASDAQ:CMRX). The biggest hedge fund stakeholder of Chimerix, Inc. (NASDAQ:CMRX) was David Rosen’s Rubric Capital Management which owns a $9.24 million stake in the company.

Page 1 of 5