5 Best Low Float Stocks to Buy Now

4. Flanigan’s Enterprises, Inc. (NYSE: BDL)

Number of Hedge Fund Holders: N/A
Float: 370,000

Flanigan’s Enterprises, Inc. (NYSE: BDL) is placed fourth on our list of 10 best low float stocks to buy now. The company’s shares have returned 108% to investors over the past twelve months. The company owns and runs full service restaurants and package liquor stores. It is based in Florida. It has a market cap of over $56 million and posted more than $112 million in revenue last year. It was founded in 1959 and runs close to 30 restaurants and stores, most of them in the South Florida area. 

On May 24, Flanigan’s Enterprises, Inc. (NYSE: BDL) revealed earnings results for the second quarter, reporting earnings per share of $1.32 and a revenue of more than $34 million, up close to 14% compared to the revenue for the second quarter of the past year.

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Renaissance Technologies is a leading shareholder in Flanigan’s Enterprises, Inc. (NYSE: BDL) with 59,100 shares worth more than $1.4 million.