We recently published Top 10 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 attack the tumor microenvironment. The company recently announced the acquisition of Elektrofi, which may expand its drug delivery capabilities to high-concentration biologic formulations. The stock has gained about 54% so far this year.
The FDA recently approved Darzalex Faspro, an injectable version of the multiple myeloma therapy daratumumab, developed by J&J and Halozyme Therapeutics (HALO). The product was approved as a first-line option for light chain amyloidosis (LA), a rare blood cell disorder.
In early November, the company posted strong quarterly results, indicating revenue growth of 22% year over year, while royalty income increased 52%.
Artisan Small Cap Fund stated the following regarding Halozyme Therapeutics, Inc. (NASDAQ:HALO) in its Q2 2025 Investor Letter:
“Among the detractors of the second quarter were Halozyme Therapeutics, Inc. (NASDAQ:HALO), Clearwater Analytics and Lattice Semiconductor. Halozyme provides a unique technology platform (ENHANZE®) that converts biologics and small molecule drugs administered intravenously into a subcutaneous formulation. The company reported solid earnings and raised its full-year guidance in May, but shares were negatively impacted by uncertainty around new draft guidance from the Centers for Medicare and Medicaid Services (CMS) on drug pricing and potential delays in launching new products. We are trimming our position while we await final guidance from CMS.”
While we recognize HALO’s potential as an investment, our conviction lies in the belief that some AI stocks have more promise for generating higher returns and have limited downside risk. If you’re looking for an extremely cheap AI stock that’s also one of the biggest beneficiaries of Trump’s tariffs and offshoring, check out our free report on the best short-term AI stock.
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Disclosure: None. This article was originally published in Internal jumpsuit.