In this article, we will explore the 11 best small-cap chemical stocks to buy according to hedge funds.
Chemical Industry: A Focus on Innovation and Sustainability
The chemical industry plays a crucial role in the global economy, contributing trillions of dollars to the world’s GDP. This sector is essential for producing a wide range of materials used in everyday products, from fertilizers and plastics to pharmaceuticals and construction materials.
Recent trends in the chemical industry indicate a strong focus on sustainability and innovation. Companies are increasingly investing in low-carbon technologies and circular economy practices, aiming to reduce greenhouse gas emissions and improve resource efficiency. According to a report by The Business Research Company, the green chemicals market was valued at $108.53 billion in 2023. The market is expected to grow at a compound annual growth rate (CAGR) of 10.4% during 2024-2028 to reach a value of $179.96 billion by the end of the forecast period.
The rise in demand for biodegradable materials and eco-friendly chemicals reflects shifting consumer preferences towards sustainability. This trend is driving companies to innovate and diversify their product offerings.
According to the IONICS report on Chemicals & Mining Industry Trends for 2025, biodegradable chemicals are set to gain widespread adoption in agriculture and consumer products over the next 4-6 years. This shift is largely fueled by advancements in technology and increased support from regulations, as more consumers seek sustainable alternatives. As a result, the market for these eco-friendly products is expected to grow significantly.
Government regulations promoting the use of green chemicals also play a crucial role, as they encourage industries to shift towards renewable resources and reduce reliance on non-renewable materials.
READ ALSO: 8 Best Fertilizer Stocks To Buy Now and 8 Best Plastics Stocks To Invest In Now.
Deloitte’s 2025 chemical industry outlook highlights that to remain competitive in a low-carbon economy, companies are focusing on innovation in three main areas: products, processes, and ecosystems. Many chemical firms are enhancing their product offerings to improve both performance and sustainability. Additionally, they are adopting process innovations, such as digital automation and process intensification, to make operations more efficient and environmentally friendly. For example, some companies are using AI-driven analytics to optimize production and reduce waste.
Ecosystem innovation is also becoming important as companies collaborate with other industry players, research institutions, and startups to develop sustainable solutions. This collaborative approach includes initiatives that aim to promote recycling and material reuse. To strengthen their market position, chemical companies are increasingly integrating these innovative strategies, combining capital investments in process improvements with research and development efforts for product enhancements.
With this background in mind, let’s take a look at the 11 best small-cap chemical stocks to buy according to hedge funds.
A chemist in a laboratory mixing specialty chemicals and materials for research.
Methodology
To compile our list of the 11 best small-cap chemical stocks to buy according to hedge funds, we used stock screeners from Finviz and Yahoo Finance. We also reviewed our own rankings and consulted various online resources to compile a list of the best small-cap chemical stocks. Please note that we defined small-cap stocks as those with a market capitalization between $300 million and $2 billion.
From an initial pool of more than 20 small-cap chemical stocks that met our criteria, we focused on the top 11 stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q3 2024 database of 900 elite hedge funds. The 11 best small-cap chemical stocks to buy are ranked in ascending order based on the number of hedge funds holding stakes in them.
Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
11 Best Small Cap Chemical Stocks to Buy According to Hedge Funds
11. AdvanSix Inc. (NYSE:ASIX)
Market Capitalization: $845.77 Million
Number of Hedge Fund Holders: 14
AdvanSix Inc. (NYSE:ASIX) is a chemical company that produces essential materials for various industries, including nylon, fertilizers, and chemical intermediates. Their products are vital in sectors such as construction, agriculture, and packaging.
In the third quarter of 2024, AdvanSix Inc. (NYSE:ASIX) reported impressive sales of $398 million, reflecting a 23% increase compared to the previous year. This growth was driven by an 11% rise in sales volume, an 8% increase in raw material pass-through pricing, and a 5% favorable impact from market-based pricing. AdvanSix Inc. (NYSE:ASIX) achieved a net income of $22.3 million, marking a significant improvement of $30.2 million from the prior year.
Adjusted EBITDA for the quarter reached $53.2 million, up $45.8 million year-over-year, indicating strong operational performance. Cash flow from operations also improved significantly to $57.3 million, an increase of $36.4 million compared to the previous year. AdvanSix Inc. (NYSE:ASIX) is focused on targeted growth in profitable areas and has been awarded a $12 million grant from the US Department of Agriculture to expand its production capacity for premium-grade products.
ASIX is one of the best chemical stocks to buy. With robust financial results, strategic investments in growth initiatives, and a commitment to sustainability, AdvanSix Inc. (NYSE:ASIX) is well-positioned for future success. Analysts are also bullish on ASIX. Analysts currently hold a consensus buy rating on the stock and the 1-year median price target of $38.50 set by analysts indicates a potential upside of 22% from current levels.
10. Koppers Holdings Inc. (NYSE:KOP)
Market Capitalization: $708.4 Million
Number of Hedge Fund Holders: 15
Koppers Holdings Inc. (NYSE:KOP) is a global leader in producing carbon compounds, chemicals, and treated wood products. The company plays a vital role in various industries, including railroad, steel, and construction, by producing, protecting, and preserving essential infrastructure products like railroad crossties and utility poles.
In the third quarter of 2024, Koppers Holdings Inc. (NYSE:KOP) reported record consolidated sales of $554.3 million, a slight increase of $3.9 million or 0.7% compared to the previous year. The net income for the quarter was $22.8 million, translating to $1.09 per diluted share, down from $26.3 million or $1.22 per share in the same quarter last year. This change reflects the impact of the acquisition of Brown Wood Preserving Company, completed on April 1, 2024, which enhances Koppers’ (NYSE:KOP) utility product offerings.
The company generated an adjusted EBITDA of $77.4 million, up from $70.7 million in the prior year, indicating improved operational efficiency with an adjusted EBITDA margin of 14% compared to 12.8% previously. Koppers Holdings Inc. (NYSE:KOP) generated improved sequential profitability in its railroad and carbon materials businesses, largely driven by cost reduction initiatives undertaken earlier in 2024.
Koppers Holdings Inc. (NYSE:KOP) is focused on expanding its market presence, particularly in the Texas and Midwest regions, and anticipates modest growth in utility product volumes due to a healthier market environment. The acquisition of Brown Wood is expected to yield significant benefits over the coming year. With strong sales growth, strategic acquisitions, and a commitment to improving operational efficiency, Koppers Holdings Inc. (NYSE:KOP) presents a compelling investment opportunity.
9. Ingevity Corporation (NYSE:NGVT)
Market Capitalization: $1.69 Billion
Number of Hedge Fund Holders: 17
Ingevity Corporation (NYSE:NGVT) is a specialty chemicals company that produces performance chemicals, high-performance carbon materials, and engineered polymers. Their products are used in various applications, including adhesives, agrochemicals, and automotive components.
In the third quarter of 2024, Ingevity Corporation (NYSE:NGVT) reported net sales of $376.9 million, a 16% decline compared to the same period last year. This decrease was primarily due to restructuring efforts in the Performance Chemicals segment and adverse weather affecting the Road Technologies product line. However, the Performance Materials segment saw sales increase by 3% to $151.1 million, driven by strategic pricing adjustments and improved operational efficiency, resulting in an EBITDA of $80.6 million with a strong margin of 53.3%.
The Advanced Polymer Technologies segment also performed well, with sales rising 14% to $48.8 million, benefiting from recovering volumes in the market, particularly in Asia. Despite facing pricing pressures and unfavorable foreign exchange rates, this segment maintained an EBITDA margin of 20.1%.
The company is actively repositioning its Performance Chemicals segment by exiting lower-margin markets and optimizing its operations. Ingevity Corporation (NYSE:NGVT) incurred before-tax restructuring charges of $86.9 million during the quarter, primarily related to closing its Crossett facility and terminating a long-term supply contract.
Despite the challenges faced, during Q3, Ingevity Corporation (NYSE:NGVT) achieved $18 million in savings from the repositioning efforts in the Performance Chemicals segment. The company is on track to meet its target of $65 million to $75 million in savings for 2024. With a focus on executing its strategic initiatives and improving operational efficiencies, Ingevity Corporation (NYSE:NGVT) presents a compelling investment opportunity in the specialty chemicals sector, making it an attractive stock.
As of the third quarter of 2024, Ingevity Corporation (NYSE:NGVT) was held by 17 hedge funds, according to Insider Monkey’s database. SouthernSun Asset Management, LLC stated the following regarding Ingevity Corporation (NYSE:NGVT) in its “SouthernSun Small Cap Strategy” third quarter 2024 investor letter:
“Ingevity Corporation (NYSE:NGVT) was one of the top detractors in the Small Cap strategy in the third quarter. Ingevity manufactures specialty chemicals that are used in a wide range of industrial applications and consumer products as well as activated carbon used to reduce gasoline vapor emissions in automobiles. The company is undergoing a strategic shift to reduce its exposure to crude tall oil (CTO), a key raw material in its Performance Chemicals segment. Within the last year, Ingevity has announced the closure of two of its three refineries and is consolidating its one remaining facility. In July of this year, the company terminated its final CTO supply agreement, which resulted in a settlement charge of $100 million. In addition, after the end of Q3, the company announced the departure of John Fortson, CEO, and named Luis Fernandez-Moreno, a long-time board member, as interim CEO. While these changes have created a lot of noise in recent months, we believe that the business will be much better positioned moving forward with a significantly lower cost structure. Importantly, these strategic decisions have all related to the Performance Chemicals operating segment. The other two operating segments have not been impacted, and while the Advanced Polymer Technologies segment has experienced some headwinds due to broader weakness in industrial end markets, the Performance Materials business continues to benefit from both market and regulatory tailwinds as well operational efficiencies. We continue to assess our position in light of the recent strategic shifts and management changes including ongoing discussions with new and existing leaders.”
8. Kronos Worldwide Inc. (NYSE:KRO)
Market Capitalization: $1.2 Billion
Number of Hedge Fund Holders: 18
Kronos Worldwide Inc. (NYSE:KRO) is a chemical company that specializes in producing and marketing value-added titanium dioxide pigments, which are essential for adding whiteness, brightness, and opacity to a variety of products. Titanium dioxide (TiO2) is widely used in industries such as paints, coatings, plastics, cosmetics, and pharmaceuticals.
In the third quarter of 2024, Kronos Worldwide Inc. (NYSE:KRO) reported net sales of $484.7 million, an increase of $87.8 million or 22% compared to the same quarter in 2023. Kronos Worldwide Inc. (NYSE:KRO) achieved a net income of $71.8 million, translating to $0.62 per share, a significant turnaround from a net loss of $20.4 million in the prior year. This improvement is attributed to higher sales and production volumes, along with reduced production costs for energy and raw materials.
The company has seen increased demand across all major markets in the first nine months of 2024, contributing to improved profitability. A key strategic move was the acquisition of the remaining 50% interest in Louisiana Pigment Company, effective July 16, 2024, making it a wholly-owned subsidiary. This acquisition added approximately 13,000 metric tons of production capacity in the third quarter. Additionally, during the third quarter, Kronos Worldwide Inc. (NYSE:KRO) closed its sulfate process line in Canada, which is expected to enhance long-term cost efficiency despite incurring short-term charges.
KRO ranks among the best chemical stocks to buy. With strong financial performance, strategic acquisitions, and ongoing improvements in production efficiency, Kronos Worldwide Inc. (NYSE:KRO) is well-positioned for future growth.
7. Rayonier Advanced Materials Inc. (NYSE:RYAM)
Market Capitalization: $544.46 Million
Number of Hedge Fund Holders: 18
Rayonier Advanced Materials Inc. (NYSE:RYAM) is a leading global supplier of high-purity cellulose specialties for the chemical industry. Cellulose specialties are natural polymers essential for various industries, including chemicals, textiles, and pharmaceuticals. The company focuses on cellulose-based technologies that cater to the production of specialty chemicals and polymers used in applications like liquid crystal displays, filters, textiles, and performance additives for pharmaceutical, food, and other industrial applications.
In the third quarter of 2024, Rayonier Advanced Materials Inc. (NYSE:RYAM) reported net sales of $401 million, an increase of $32 million compared to the same quarter last year. The adjusted EBITDA from continuing operations rose significantly to $51 million, up $27 million from the prior year, highlighting improved operational performance.
The company is actively investing in new products to diversify its market presence and enhance profitability. Notable projects include its bioethanol facility in Tartas, France, which aims to generate $42 million in annual EBITDA by 2027 from future biomaterial products. Rayonier Advanced Materials Inc. (NYSE:RYAM) has also submitted a self-certification for a prebiotics product to the US Food and Drug Administration and is advancing plans for a bioethanol facility in Fernandina.
On November 12, 2024, Rayonier Advanced Materials Inc. (NYSE:RYAM) announced it had raised EUR 67 million in green capital to support its biomaterials initiatives. This funding will help develop a second-generation bioethanol plant and a prebiotics project. With strong financial results, strategic investments in growth areas, and a commitment to sustainability, Rayonier Advanced Materials Inc. (NYSE:RYAM) is well-positioned for future success.
6. LSB Industries Inc. (NYSE:LXU)
Market Capitalization: $636.71 Million
Number of Hedge Fund Holders: 18
LSB Industries Inc. (NYSE:LXU) is a chemical company that specializes in manufacturing ammonia and ammonia-related products. The company serves the agricultural, industrial, and mining sectors. In the third quarter of 2024, LSB Industries Inc. (NYSE:LXU) reported net sales of $109.2 million, a slight decrease from $114.3 million in the same quarter last year. However, the company achieved an impressive adjusted EBITDA of $17.5 million, up from $9.2 million in Q3 2023.
During the third quarter, LSB Industries Inc. (NYSE:LXU) invested $31 million in capital expenditures to enhance reliability and expand urea ammonium nitrate (UAN) capacity at its Pryor facility. This expansion is expected to increase UAN production by approximately 75,000 tons per year, representing a 20% boost in annual capacity. The company has already begun to see these production increases in the fourth quarter.
The company is focused on low-carbon ammonia projects. The El Dorado CCS project aims to produce low-carbon ammonia by 2026, pending necessary permits. Additionally, LSB Industries Inc. (NYSE:LXU) is advancing its Houston Ship Channel project, which will be a world-scale ammonia plant capable of producing about 1.1 million metric tons of low-carbon ammonia.
With strategic investments in production capacity and a commitment to sustainability, LSB Industries Inc. (NYSE:LXU) is well-positioned for future growth. The ongoing expansion projects and focus on low-carbon products align with market trends toward greener solutions. This makes LXU an attractive stock for investors looking for growth potential in the chemical sector.
5. Ecovyst Inc. (NYSE:ECVT)
Market Capitalization: $921.59 Million
Number of Hedge Fund Holders: 20
Ecovyst Inc. (NYSE:ECVT) is a chemicals company and a leading provider of advanced materials, specialty catalysts, sulfuric acid, and regeneration services. The company operates through two main segments: Ecoservices and Advanced Materials & Catalysts. Ecoservices focuses on sulfuric acid recycling for the North American refining industry and provides high-quality virgin sulfuric acid for various industrial and mining applications. Meanwhile, the Advanced Materials & Catalysts segment offers silica catalysts and specialty zeolites that support sustainable fuel production and emission control. Ecovyst Inc. (NYSE:ECVT) ranks among the best chemical stocks to buy.
In the third quarter of 2024, Ecovyst Inc. (NYSE:ECVT) reported sales of $179.2 million, an increase from $173.3 million in the same quarter last year. However, net income fell to $14.3 million from $16.6 million. The adjusted EBITDA was $59.8 million, reflecting a 12% decline year-over-year but maintaining a solid margin of 28.5%. Cash flows from operating activities showed significant improvement, totaling $106.4 million for the first nine months of 2024, compared to $73.4 million in the previous year.
Ecovyst Inc. (NYSE:ECVT) remains focused on operational excellence and expanding its industrial segment volumes. The company is optimistic about the long-term outlook for polyethylene catalysts, driven by ongoing capacity expansions at its Kansas City site, expected to be completed by the end of 2025.
The company is also focused on diversifying products through emerging technologies. On November 13, 2024, Ecovyst Inc. (NYSE:ECVT) launched its AlphaCat advanced silica products aimed at enhancing biocatalysis, further showcasing its commitment to innovation. With strong cash flow generation, strategic investments in growth areas, and a focus on sustainable solutions, Ecovyst Inc. (NYSE:ECVT) presents a compelling investment opportunity in the specialty chemicals sector.
4. Orion S.A. (NYSE:OEC)
Market Capitalization: $1.07 Billion
Number of Hedge Fund Holders: 23
Orion S.A. (NYSE:OEC) is a leading specialty chemicals company focused on producing carbon black, a vital material used in various applications such as tires, coatings, and batteries. Carbon black, which is a solid form of carbon produced as powder or pellets, is used to tint, colorize, increase durability, provide reinforcement, conduct electricity, and add UV protection. With 15 production plants worldwide and four innovation centers, Orion S.A. (NYSE:OEC) offers a diverse variety of production processes tailored to meet specific customer needs.
In April 2024, Orion S.A. (NYSE:OEC) broke ground on a new plant in La Porte, Texas, which will be the first facility in the US to produce acetylene-based conductive additives for lithium-ion batteries. This innovative plant will significantly reduce carbon emissions, boasting only one-tenth the carbon footprint of other commonly used materials. The facility is expected to start operations in the second quarter of 2025, positioning Orion S.A. (NYSE:OEC) as a key player in the growing electrification market.
In the third quarter of 2024, the company reported net sales of $463.4 million, slightly down from the previous year. Orion S.A. (NYSE:OEC) reported a net loss of $20.2 million, which included a $42.5 million impact from a significant asset misappropriation incident. Despite a loss due to the fraud event, Orion S.A. (NYSE:OEC) achieved an adjusted EBITDA of $80 million, marking a 7% improvement from the previous quarter and indicating strong operational resilience.
For the first nine months of 2024, the company’s net sales reached $1.44 billion, up by $17.6 million year-over-year. Although rubber segment volumes were down due to high tire imports into Western markets, Orion S.A. (NYSE:OEC) strategic focus on operational improvements and cost management is expected to drive future growth.
3. Tronox Holdings plc (NYSE:TROX)
Market Capitalization: $1.9 Billion
Number of Hedge Fund Holders: 24
Tronox Holdings plc (NYSE:TROX) is an American chemical company and a major player in the titanium products sector, specializing in the mining and processing of titanium ore and zircon. The company produces titanium dioxide pigment, specialty titanium products, and high-purity titanium chemicals. These products are essential for enhancing brightness and durability in a wide range of applications, including paints, coatings, and plastics.
In the third quarter of 2024, Tronox Holdings plc (NYSE:TROX) reported strong financial performance with revenues reaching $804 million, marking a 21% increase from the previous year. This growth was largely driven by higher sales volumes of titanium dioxide and zircon. Additionally, the company invested $101 million in capital expenditures during the quarter, focusing on expanding mining operations in South Africa.
Tronox Holdings plc’s (NYSE:TROX) adjusted EBITDA for the quarter was $143 million, reflecting a 23% increase due to improved sales and production efficiencies. Tronox Holdings plc (NYSE:TROX) has also returned $61 million to shareholders through dividends in the first nine months of 2024, demonstrating its commitment to shareholder value.
Looking ahead, Tronox Holdings plc (NYSE:TROX) plans to invest approximately $130 million in its South African mining projects to maintain a competitive edge in feedstock production. The company is also committed to innovation through ongoing research and development efforts and also exploring opportunities in the rare earth market. TROX ranks among the best chemical stocks to buy. With its solid financial results, strategic investments, and focus on innovation, Tronox Holdings plc (NYSE:TROX) presents a compelling investment opportunity.
2. Green Plains Inc. (NASDAQ:GPRE)
Market Capitalization: $708.58 Million
Number of Hedge Fund Holders: 25
Green Plains Inc. (NASDAQ:GPRE) is a leading chemical and biorefining company that converts renewable crops into sustainable, low-carbon ingredients using advanced fermentation and agricultural technologies. The company is one of the largest ethanol producers in the US. It also produces valuable byproducts such as distillers grains and renewable corn oil. Green Plains Inc. (NASDAQ:GPRE) is focused on evolving into a comprehensive biorefinery platform, focusing on low-carbon biofuels and high-protein ingredients for animal feed.
In February 2024, Green Plains Inc. (NASDAQ:GPRE) began a strategic review process to explore ways to enhance shareholder value, including potential acquisitions and partnerships, divestitures, and mergers or sale. This proactive approach signals the company’s commitment to growth and adaptability in a changing market.
A key highlight for Green Plains Inc. (NASDAQ:GPRE) is its innovative Clean Sugar Technology (CST) facility, which started commissioning in the second quarter of 2024. This facility, located in Shenandoah, Iowa, is the world’s first commercial-scale CST operation and is expected to reduce carbon intensity by up to 40%. On October 28, 2024, Green Plains Inc. (NASDAQ:GPRE) announced that the facility successfully produced dextrose syrups with lower carbon footprints, catering to the growing demand for sustainable ingredients in various industries.
Financially, Green Plains Inc. (NASDAQ:GPRE) reported strong performance in Q3 2024, achieving a plant utilization rate of 97% and record high ethanol and Ultra-High Protein yields for the quarter, along with record renewable corn oil production. The company posted a net income of $48.2 million, or $0.69 per diluted share, compared to $22.3 million or $0.35 per share in the same quarter last year. With its focus on sustainability, innovative technologies, and strong financial results, Green Plains Inc. (NASDAQ:GPRE) presents a compelling investment opportunity in the chemical sector.
1. Perimeter Solutions Inc. (NYSE:PRM)
Market Capitalization: $1.89 Billion
Number of Hedge Fund Holders: 25
Perimeter Solutions Inc. (NYSE:PRM) is a prominent global manufacturer of firefighting chemicals and lubricant additives. The company operates primarily in two segments: Fire Safety and Specialty Products. The Fire Safety segment formulates and produces fire management products, including retardants and foams, to tackle various fire types. Meanwhile, the Specialty Products segment focuses on producing Phosphorus Pentasulfide (P2S5), essential for high-quality lubricant additives that enhance engine performance.
In the third quarter of 2024, Perimeter Solutions Inc. (NYSE:PRM) reported impressive financial results, with net sales soaring by 102% to $288.4 million, compared to $142.7 million in the same quarter last year. Adjusted EBITDA also increased significantly by 177%, reaching $170.4 million from $61.5 million previously. This robust growth indicates strong demand for their products and effective operational strategies.
In November 2024, Perimeter Solutions Inc. (NYSE:PRM) completed its re-domiciliation from Luxembourg to Delaware, a strategic move aimed at aligning its legal structure with its US operations, which are responsible for the majority of the company’s revenue and EBITDA. This transition is expected to simplify regulatory processes and improve tax efficiency.
Perimeter Solutions Inc. (NYSE:PRM) maintains a solid liquidity position with approximately $223.1 million in cash and equivalents by the end of Q3 2024. The company has prioritized reinvestment into its operations, including increased capital expenditures for research and development and field services, which positions it well for future growth. With a strong market presence and strategic initiatives in place, Perimeter Solutions Inc. (NYSE:PRM) appears to be a compelling investment opportunity in the specialty chemicals sector.
PRM ranks among the best chemical stocks. According to Insider Monkey’s database, Perimeter Solutions Inc. (NYSE:PRM) was held by 25 hedge funds in Q3 2024, up from 20 in the previous quarter. Weitz Investment Management stated the following regarding Perimeter Solutions Inc. (NYSE:PRM) in its “Multi-Cap Equity Fund” third-quarter 2024 investor letter:
“The absolute performance news was also good this quarter. Gains were broad based: just over half of our companies experienced double-digit gains and there were few material detractors from quarterly performance. The Fund’s top performer for the quarter was Perimeter Solutions Inc. (NYSE:PRM), the leading provider of wildfire retardants. An increased level of wildfire activity has generated strong demand and generated better than expected cash flows. With its much-improved balance sheet, Perimeter’s management is more credibly in position to evaluate additional investment opportunities. Given the breadth of strength, portfolio activity skewed toward trims in the third quarter. Last year, we added assertively to our holdings of Perimeter Solutions as the stock declined. At that time, Perimeter was experiencing weaker than expected results due to a below average wildfire season. This year, the opposite has been true, and we have taken profits as shares have rallied.”
Overall, PRM ranks first among the 11 best small-cap chemical stocks to buy according to hedge funds. While we acknowledge the potential of chemical companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PRM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
