5 Best Stocks Under $5 in 2021

4. CTI BioPharma Corp. (NASDAQ: CTIC)

Price as of April 23, 2021: $2.45
Number of Hedge Fund Holders: 16

Seattle-based biopharmaceutical company CTI BioPharma Corp. (NASDAQ: CTIC) ranks 4th in our list of the 10 best stocks under $5 in 2021. The company was founded in 1991 and specialized in the commercialization of novel targeted therapies for blood-related cancers. 

The company has a market cap of $218.7 million. The company’s cash, cash equivalents, and short-term assets totaled $52.5 million as of December 31, 2020, compared to $33.7 million as of December 31, 2019. Shares of CTIC increased 126.8% over the past twelve months. 

There were 16 hedge funds that reported owning stakes in CTI BioPharma Corp. (NASDAQ: CTIC) at the end of the fourth quarter, up from 6 funds a quarter earlier. The total value of these stakes at the end of Q4 is $80 million.