5 Best Undervalued Stocks to Buy Now

Below we presented the list of 5 Best Undervalued Stocks to Buy Now. For our detailed discussion and a more comprehensive list please see 15 Best Undervalued Stocks to Buy Now.

5. Exact Sciences, Corporation (NASDAQ:EXAS)

No of HFs: 35

Total Value of HF Holdings: $1.11 Billion

Check out an article where RiverPark Advisors, LLC mentioned the stock in its Q3 2020 investor letter.

“Exact Sciences: EXAS shares were our next top contributor for the quarter, as management disclosed for the first time significant and compelling data for its multi-cancer liquid biopsy screening test. The test for six different cancer types from its decade-long collaboration with the Mayo Clinic showed high overall cancer detection sensitivity of 86%, with 95% specificity (only a 5% false-positive rate).

Up until management’s liquid biopsy announcement, investors had been focused solely on the company’s long-term growth prospects of its Cologuard franchise in the $18 billion annual colon cancer screening market and the company’s November 2019 acquisition of Genomic Health with its precision oncology tests and pipeline, primarily for breast cancer. The announcement highlights a third leg of growth in the emerging multi-cancer liquid biopsy market in which the company can be a major competitor.”

EXACT Sciences Corporation (NASDAQ:EXAS)