In this article, we will take a look at the 5 best medical stocks to buy under $10. To read our analysis of the latest trends, and market activity, you can go to the 12 Best Medical Stocks to Buy Under $10.
5. Bausch Health Companies (NYSE:BHC)
Share Price as of February 21: $8.65
Number of Hedge Fund Holders: 31
Laval, Canada-based Bausch Health Companies (NYSE:BHC) is a global diversified pharmaceutical company that develops, manufactures, and markets a range of products primarily in gastroenterology, hepatology, neurology, dermatology, and international pharmaceuticals.
On February 22, Bausch Health Companies (NYSE:BHC) released its financial results for Q4 2023. It generated total revenues of $2.4 billion and a net loss of $39 million. At $1.17, the normalized EPS exceeded consensus estimates by $0.15.
As of Q4 2023, Bausch Health Companies (NYSE:BHC) shares were owned by 31 leading hedge funds with the total shares held by them valued at $1.1 billion. It ranks highest on our list of 12 best medical stocks to buy under $10 based on its market capitalization.