15 Penny Stocks Poised To Explode According To Hedge Funds

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7. Intelsat SA (NYSE:I)

In Intelsat SA (NYSE:I), there were 19 funds with long positions at the end of June, up from 17 funds a quarter earlier. These funds held $280.18 million worth of stock, or 30.40% of float, heading into the third quarter. Intelsat SA (NYSE:I)’s stock has surged by more than 46% since the beginning of the year, but it is still trading below its 52-week high. The company is currently preparing to launch the fifth of its next-gen satellite.

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