5 Cheapest Stocks With Biggest Upside

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In this article, we discuss the 5 cheapest stocks with the biggest upside. If you want to read about some more cheapest stocks with the biggest upside, go directly to 10 Cheapest Stocks With Biggest Upside.

5. Omeros Corporation (NASDAQ:OMER)

Number of Hedge Fund Holders: 10  

Share Price as of December 18: $1.79

Omeros Corporation (NASDAQ:OMER) is a commercial-stage biopharmaceutical company that discovers, develops, and commercializes small-molecule and protein therapeutics, and orphan indications targeting inflammation, complement-mediated diseases, cancers related to dysfunction of the immune system, and addictive and compulsive disorders. The shares of the firm have climbed since the company reported positive data from a clinical trial involving critically ill COVID-19 patients who received its experimental therapy narsoplimab in addition to standard of care. 

On November 10, investment advisory Cantor Fitzgerald maintained an Overweight rating on Omeros Corporation (NASDAQ:OMER) stock and lowered the price target to $13 from $20. Analyst Brandon Folkes issued the ratings update. 

At the end of the third quarter of 2022, 10 hedge funds in the database of Insider Monkey held stakes worth $10.5 million in Omeros Corporation (NASDAQ:OMER), compared to 12 in the preceding quarter worth $15.5 million. 

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