15 Best Penny Stocks to Buy According to Billionaires

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6. Wipro Limited (NYSE:WIT)

Price: $3.07

Number of Hedge Fund Holders: 18 

Number of Billionaire Investors: 8

Total Value of Billionaire Holdings: $52,843,466

Wipro Limited (NYSE:WIT) is an international technology services and consulting company that operates through IT services and IT product segments. The company serves clients across financial services, healthcare, manufacturing, retail, and telecommunications. It emphasizes digital transformation, operational efficiency, and innovation through partnerships with leading technology providers.

During the fiscal third quarter of 2025, the company’s IT Service revenue came in above the guidance but showed a 0.7% year-over-year decline in constant currency. More notably, operating margins expanded to 17.5% reaching 12 quarter-high driven by cost optimization and improved execution. Wipro Limited (NYSE:WIT) is prioritizing AI leadership and reported securing wins in silicon engineering and cross-industry managed services. Moreover, around 50,000 employees of the company now hold advanced AI certifications. The next quarter’s outlook reflects cautious optimism, however, the company plans to remain focused on AI innovation and margin sustainability. It is one of the best penny stocks to buy according to billionaires.

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