5 Best U.S. Stocks to Buy Now Under $10

3. Pacific Biosciences of California, Inc. (NASDAQ:PACB) 

Share Price as of September 22: $9.00
Number of Hedge Fund Holders: 28

Pacific Biosciences of California, Inc. (NASDAQ:PACB) is a biotech company that makes systems for gene sequencing and real-time biology observation. It offers two main sequencing platforms: single-molecule real-time sequencing (SMRT) and sequencing by binding (SBB). It also provides software, consumables, and services for various applications in genomics.

Jackson Square Partners mentioned Pacific Biosciences of California, Inc. (NASDAQ:PACB) in its Q3 2022 investor letter. Here is what the fund said:

“Pacific Biosciences of California, Inc. (NASDAQ:PACB): emerging player in genomic sequencing with its highly differentiated long-read technology; poised to unlock a multi-year share shift towards long-read sequencing as new products dramatically improve throughput and cost to competitively advantaged levels.”