Best 10 Penny Stocks to Buy Under $1 in 2024

12. Invitae Corporation (NYSE:NVTA) Number of Hedge Fund Holders: 17 Invitae Corp shares have fallen about 73% over the past one year

11. Nektar Therapeutics (NASDAQ:NKTR) Number of Hedge Fund Holders: 17 Out of the 910 hedge funds tracked by Insider Monkey, 17 hedge funds had stakes in Nektar Therapeutics (NASDAQ:NKTR)

10. Jasper Therapeutics, Inc. (NASDAQ:JSPR) Number of Hedge Fund Holders: 17 Jasper Therapeutics, Inc. (NASDAQ:JSPR) is one of the best penny stocks to buy under $1 according to hedge funds

9. Amarin Corporation plc (NASDAQ:AMRN) Number of Hedge Fund Holders: 19 Irish-American biopharmaceutical company Amarin Corporation plc (NASDAQ:AMRN) ranks 9th in our list of the best penny stocks

Chimerix, Inc. (NASDAQ:CMRX) Number of Hedge Fund Holders: 19 Chimerix, Inc. (NASDAQ:CMRX) makes treatments against deadly diseases. Chimerix, Inc. (NASDAQ:CMRX) ranks 8th in our list of the best penny stocks

Gossamer Bio, Inc. (NASDAQ:GOSS) Number of Hedge Fund Holders: 20 California-based Gossamer Bio, Inc. (NASDAQ:GOSS) makes treatments for diseases related to oncology, immunology and inflammation

Kezar Life Sciences, Inc. (NASDAQ:KZR) Number of Hedge Fund Holders: 21 Kezar Life Sciences, Inc. (NASDAQ:KZR) is working on treatments for immune-mediated diseases and cancer.