5 Stocks to Buy According to Daniel Kim’s Blackcrane Capital

4. Profound Medical Corp. (NASDAQ:PROF)

Stake Value of Blackcrane Capital: $8,878,000

Percentage of Blackcrane Capital’s 13F Portfolio: 10.83%

Number of Hedge Fund Holders: 11

Profound Medical Corp. (NASDAQ:PROF), together with its subsidiaries, operates as a medical technology company that develops magnetic resonance-guided ablation procedures for the treatment of prostate disease, uterine fibroids, and palliative pain treatment in Canada, Germany, the United States, and Finland. Profound Medical Corp. (NASDAQ:PROF) is headquartered in Mississauga, Canada.

By the end of the second quarter of 2021, 11 hedge funds out of the 873 tracked by Insider Monkey held stakes in Profound Medical Corp. (NASDAQ:PROF). The total value of these stakes was $66.66 million. This is compared to 14 hedge funds in the previous quarter, with total stakes valued at $88.75 million.