5 Cheap Healthcare Stocks to Buy in 2023

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1. AcelRx Pharmaceuticals, Inc. (NASDAQ:ACRX)

Latest P/E Ratio: 0.10

AcelRx Pharmaceuticals, Inc. (NASDAQ:ACRX) is a pharmaceutical company that specializes in developing drugs for treating pain. Its medicines help opioid tolerant patients, those with respiratory diseases, and patients that are suffering from pain after surgery.

Three of the 943 hedge fund portfolios studied by Insider Monkey for 2022’s December quarter had held a stake in AcelRx Pharmaceuticals, Inc. (NASDAQ:ACRX). The firm’s largest investor in our database is Steven Boyd’s Armistice Capital which owns 367,102 shares that are worth $829,651.

Follow Talphera Inc. (NASDAQ:TLPH)

Disclosure: None. The author received no additional compensation for this piece except for what is typically made by Insider Monkey. You can also take a look at 10 Hot Growth Stocks To Buy Now and 11 Best Communication Stocks to Buy.

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