5 Best Ethanol Stocks To Invest In Now

3. Green Plains Inc. (NASDAQ:GPRE)

Number of Q4 2023 Hedge Fund Shareholders: 24

Green Plains Inc. (NASDAQ:GPRE) is an ethanol producer that also trades the fuel. Wall Street is quite optimistic for the stock’s future, as it has rated the shares as Strong Buy on average and assigned an average share price target of $34.42.

During 2023’s December quarter, 24 out of the 933 hedge funds profiled by Insider Monkey had held a stake in the firm. Green Plains Inc. (NASDAQ:GPRE)’s largest hedge fund investor is Frederick Disanto’s Ancora Advisors due to its $101 million stake.

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