5 Best Stocks to Buy for a Quick Return

2. Kala Pharmaceuticals, Inc. (NASDAQ:KALA)

One Month Volatility: 16.28%

Kala Pharmaceuticals, Inc. (NASDAQ:KALA) is a health company that focuses on developing treatments for eye diseases such as defects and problems following surgery. It is based in Watertown, Massachusetts.

Kala Pharmaceuticals, Inc. (NASDAQ:KALA)’s investors were in for some good news in March 2023, when H.C. Wainwright increased the firm’s share price target to $20 from $12 and kept a buy rating on the shares following strong FY2022 results. Four of the 943 hedge funds surveyed by Insider Monkey had held a stake in the firm during Q4 2022.

Kala Pharmaceuticals, Inc. (NASDAQ:KALA)’s largest investor in our database is Julian Baker and Felix Baker’s Baker Bros. Advisors which owns 76,813 shares that are worth $2.9 million.

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