In this article, we discuss the 5 best low float stocks to buy now. If you want to read our detailed analysis of these stocks, go directly to the 10 Best Low Float Stocks to Buy Now.
5. China Finance Online Co. Limited (NASDAQ: JRJC)
Number of Hedge Fund Holders: N/A
Float: 440,000
China Finance Online Co. Limited (NASDAQ: JRJC) stock has returned 12% to investors over the past six months. It is ranked fifth on our list of 10 best low float stocks to buy now. The company is based in China and provides web-based financial services. It was founded in 1998. Some of the services the company provides include securities trading, wealth management, investment advisory, database and analytics solutions, as well as other finance products. It has a market cap of close to $22 million.
China Finance Online Co. Limited (NASDAQ: JRJC) posted earnings for the fourth quarter on May 17, reporting earnings per share of -$0.05 and a revenue of more than $9.7 million, up 12% compared to the revenue for the same period of the previous year.
Amid an ongoing Chinese government crackdown on crypto and crypto-linked firms, China Finance Online Co. Limited (NASDAQ: JRJC) revealed on July 9 that the CEO of the firm, Zhiwei Zhao, was being quizzed by authorities and was cooperating.
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.
3. HMG/Courtland Properties, Inc. (NYSE: HMG)
Number of Hedge Fund Holders: N/A
Float: 270,000
HMG/Courtland Properties, Inc. (NYSE: HMG) stock has returned 53% to investors over the past year. It is ranked third on our list of 10 best low float stocks to buy now. The firm is based in Florida and owns and runs income-producing properties. It was founded in 1971. The portfolio of the firm, consisting of marketable securities, includes preferred and non-preferred equity of large real estate investment funds as well. On July 15, the share price of the firm jumped more than 0.7% and closed the day at over $16.
HMG/Courtland Properties, Inc. (NYSE: HMG) has a market cap of over $16 million and posted more than $80,000 in revenue last year. The 52-week price range of the stock is between $9 and $33. The short interest on it is 1.36%.
HMG/Courtland Properties, Inc. (NYSE: HMG) is one of the stocks that stands to benefit from the reopening of the economy as the firm mainly manages and owns commercial properties that were mostly shuttered during the pandemic lockdowns.
2. Seaboard Corporation (NYSE: SEB)
Number of Hedge Fund Holders: 14
Float: 240,000
Seaboard Corporation (NYSE: SEB) is a food and transportation firm based in Kansas that has close links with the agriculture business. It is placed second on our list of 10 best low float stocks to buy now. The company’s shares have offered investors returns exceeding 37% over the course of the past year. The firm is uniquely placed to benefit from a record surge in prices of soybeans and corn amid a Chinese buying spree. It has a market cap of over $4.5 billion and posted more than $7 billion in revenue last year.
On May 4, Seaboard Corporation (NYSE: SEB) declared a quarterly dividend of $2.25 per share, in line with previous. In earnings results posted the same day, the firm had declared a quarterly revenue of more than $2 billion, up over 22% year-on-year.
Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Kahn Brothers is a leading shareholder in Seaboard Corporation (NYSE: SEB) with 10,266 shares worth more than $37.8 million.
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.
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