5 Best Low Float Stocks to Buy Now

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1. AMCON Distributing Company (NYSE: DIT)

Number of Hedge Fund Holders: N/A
Float: 150,000

AMCON Distributing Company (NYSE: DIT) is ranked first on our list of 10 best low float stocks to buy now. The stock has offered investors returns exceeding 134% over the course of the past twelve months. The firm operates from Nebraska and is involved in the wholesale distribution of consumer products. Some of the products the firm distributes include tobacco products, candy, beverages, groceries, paper, and beauty care products, among others. The company owns and runs more than 20 retail health food stores. 

On July 19, AMCON Distributing Company (NYSE: DIT) posted earnings for the fourth fiscal quarter, reporting a revenue of more than $438 million, up over 10% year-on-year. Back in April, the firm had declared a quarterly dividend of $0.18 per share with a forward yield of 0.51%. 

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Renaissance Technologies is a leading shareholder in AMCON Distributing Company (NYSE: DIT) with 10,980 shares worth more than $1.2 million. 

You can also take a peek at 15 Best Cybersecurity Stocks to Buy Now and 10 Best Nickel Stocks to Buy Now.

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