5 Most Profitable Biotech Stocks Today

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In this piece, we will take a look at the five most profitable biotechnology stocks to buy today. If you want to take a deeper look at how biotechnology is one of the most advanced sectors these days, then check out 11 Most Profitable Biotech Stocks Today.

5. AbbVie Inc. (NYSE:ABBV)

Latest TTM Net Income Figures: $11.8 billion

AbbVie Inc. (NYSE:ABBV) is an American firm headquartered in Chicago, Illinois. The company is currently developing cancer and immune system biotechnology products by using mRNA technologies.

Insider Monkey took a look at 910 hedge funds for their Q2 2023 shareholdings and discovered that 74 had bought AbbVie Inc. (NYSE:ABBV)’s shares. Out of these, the firm’s largest shareholder is Ken Griffin’s Citadel Investment Group through an investment worth $260 million.

Follow Abbvie Inc. (NYSE:ABBV)

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