We recently published 10 Best Small-Cap Stocks With Huge Potential According to Reddit As Market Looks Beyond AI Trading. Halozyme Therapeutics, Inc. (NASDAQ: HALO) is among the best small cap stocks to buy according to Redditors.
Halozyme Therapeutics, Inc. (NASDAQ: HALO) is one of the best small cap stocks with huge upside potential according to Redditors. The company is working on oncology therapies designed to target the tumor microenvironment. The company recently announced the acquisition of Elektrofi, which will be able to expand its drug delivery capabilities to high-concentration biological formulations. The stock has gained about 54% so far this year.
The FDA recently approved Darzalex Faspro, an injectable version of the multiple myeloma treatment daratumumab, developed by J&J and Halozyme Therapeutics (HALO). The product was approved as a first-line option for light chain amyloidosis (AL), a rare blood cell disease.
Earlier in November, the company reported strong quarterly results, showing revenue growth of 22% year-over-year, while royalty income increased by 52%.
Artisan Small Cap Fund stated the following regarding Halozyme Therapeutics, Inc. (NASDAQ: HALO) in its Letter to investors for the second quarter of 2025:
“Detractors of the second quarter included Halozyme Therapeutics, Inc. (NASDAQ: HALO), Clearwater Analytics and Lattice Semiconductor. Halozyme provides a unique technology platform (ENHANZE®) that converts intravenously administered biologics and small molecule drugs into a subcutaneous formulation. The company reported strong earnings and raised its full-year guidance in May, but shares were negatively impacted by uncertainty surrounding new draft guidance from the Centers for Medicare and Medicaid Services (CMS) on drug pricing and potential delays in new product launches. We have reduced our position pending final guidance from CMS.
While we recognize HALO’s potential as an investment, our conviction lies in the belief that certain AI stocks have more promise in terms of higher returns and have limited downside risk. If you’re looking for an extremely cheap AI stock that’s also a top beneficiary of Trump’s tariffs and relocation, check out our free report on the best AI stock in the short term.
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Disclosure: None. This article was originally published on Initiated Monkey.
