5 Pharmaceutical Stocks to Buy According to Efrem Kamen’s Pura Vida Investments

3. NanoString Technologies, Inc. (NASDAQ:NSTG)

Number of Hedge Fund Holders: 26

NanoString Technologies, Inc. (NASDAQ:NSTG) is among the long-running stock holdings of Pura Vida Investments. The firm lifted its position in the company by 26% during the September quarter to capitalize on the share price selloff. NanoString shares are down 28% in the last six months. The company generated revenue of $37.15 million in the third quarter, up 16.66% year over year. 

NanoString Technologies was in 26 hedge funds’ portfolios as of September. Marshall Wace LLP and ARK Investment Management were among the leading stakeholders in the company.