Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX) is one of the 12 Best NASDAQ Penny Stocks to Buy According to Hedge Funds. On September 10, Needham retained its Buy rating on Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX), maintaining the price target at $8. Gil Blum from Needham reaffirmed the rating on RXRX due to various factors, pointing out the company’s strong position in the AI-driven drug discovery sector. Being a leader in this space, the company is backed by its extensive and proprietary dataset. ...

Clover Health Investments, Corp. (NASDAQ:CLOV) is one of the 12 Best NASDAQ Penny Stocks to Buy According to Hedge Funds. On September 8, Canaccord Genuity reiterated the Buy rating on Clover Health Investments, Corp. (NASDAQ:CLOV), keeping the price target at $4.10 Canaccord analyst Richard Close expects Clover Health Investment to benefit from the 2026 Medicare Advantage (MA) rates, which are projected to grow by an average of 9.04%. Along with this growth, the company’s top-rated PPO plan could boost i ...

AbCellera Biologics Inc. (NASDAQ:ABCL) is one of the 12 Best NASDAQ Penny Stocks to Buy According to Hedge Funds. On September 11, TD Cowen reiterated its Buy rating on AbCellera Biologics Inc. (NASDAQ:ABCL), without giving a price target. TD Cowen analyst Brendan Smith sees the company’s focus on expanding its internal pipeline and strengthening its partnerships through the Biosecure program as catalysts for AbCellera. On August 27, AbCellera reported that it dosed the first participants in its Phase 1 c ...

Precigen, Inc. (NASDAQ:PGEN) is one of the 12 Best NASDAQ Penny Stocks to Buy According to Hedge Funds. On September 3, Precigen, Inc. (NASDAQ:PGEN) announced that it signed a credit facility agreement with total funds of up to $125 million. Precigen entered into a credit facility agreement with investment funds managed by Pharmakon Advisors. The credit facility will allow Precigen to receive up to $125 million in two tranches, subject to the conditions of the agreement. According to the agreement, the fi ...

ImmunityBio, Inc. (NASDAQ:IBRX) is one of the 12 Best NASDAQ Penny Stocks to Buy According to Hedge Funds. On September 10, H.C. Wainwright reiterated the Buy rating on ImmunityBio, Inc. (NASDAQ:IBRX), keeping the price target at $8. Andres Y. Maldonado from H.C. Wainwright reaffirmed the rating on IBRX after the company announced promising developments with ANKTIVA in treating advanced non-small cell lung cancer (NSCLC). On September 8, ImmunityBio reported that the new paradigm-changing findings from th ...

iQIYI, Inc. (NASDAQ:IQ) is one of the 12 Best NASDAQ Penny Stocks to Buy According to Hedge Funds. On September 10, iQIYI, Inc. (NASDAQ:IQ) reported that it is set to launch ‘Peter Pay x iQIYI AI Theater.’ iQIYI announced a pioneering initiative with Academy Award-winning Cinematographer and Director Mr. Peter Pau to launch the AI storytelling lab. The program has a theme of ‘Your Vision, The Next Dimension,’ which aims to empower modern professional creators to gain skills in AI-powered filmmaking. The c ...

Tilray Brands, Inc. (NASDAQ:TLRY) is one of the 12 Best NASDAQ Penny Stocks to Buy According to Hedge Funds. On September 4, Tilray Brands, Inc.’s (NASDAQ:TLRY) award-winning brand Breckenridge Distillery and its partner, the Denver Broncos, entered into their fifth year of partnership with a new lineup of spirits. The partnership between Breckenridge Distillery and the Denver Broncos celebrates the growing business between the two firms. The new bold lineup of limited-edition spirits celebrates the game- ...

Prospect Capital Corporation (NASDAQ:PSEC) is one of the 12 Best NASDAQ Penny Stocks to Buy According to Hedge Funds. On September 8, Prospect Capital Corporation (NASDAQ:PSEC) and an affiliate completed an $18 million investment in The Ridge. In collaboration with Thesis Capital Partners, Prospect Capital has provided a first lien senior secured term loan and an equity investment to The Ridge, a physician-led addiction treatment facility that provides personalized care in a luxurious residential setting. ...

Private equity firm Tavistock has agreed to purchase a 76.59% stake in UK-based financial advisory company Lifetime. The deal is valued at around £5.95m, according to FT Adviser. Lifetime CEO Ian Dickinson will retain the remaining stake in the business. Lifetime is known for its "hybrid model" of services that includes financial advice, mortgages, investments, pensions, estate planning, savings, and protection. The firm also offers financial wellbeing solutions, featuring tools such as the Lifetime Hu ...

A sharp week-on-week decline in value percentile rankings has hit several prominent technology companies, suggesting market perceptions around relative worth and fundamental strength are shifting.What Does Value Ranking Mean?Using percentile-based metrics, the Benzinga Edge Stock Ranking‘s value metric compares each company’s market price with core fundamentals such as assets, earnings, sales, and operating performance.4 Overvalued Tech Stocks Deteriorating In Value RankingsThis week, Hewlett Packard Enterp ...