5 Best Semiconductor Penny Stocks to Buy

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1. EMCORE Corporation (NASDAQ:EMKR)

Number of Hedge Fund Investors In Q1 2023: 12

EMCORE Corporation (NASDAQ:EMKR) is one of the more critical semiconductor companies. It manufactures positioning and signals products that are used in mission critical systems such as artillery surveys, radar positioning, and navigation systems.

12 of the 943 hedge funds polled by Insider Monkey for their Q1 2023 shareholdings had bought the firm’s shares. George Mccabe’s Portolan Capital Management is EMCORE Corporation (NASDAQ:EMKR)’s largest hedge fund investor, owning a stake that is worth $3.5 million.

Follow Emcore Corp (NASDAQ:EMKR)

Disclosure: None. You can also take a look at 10 Dow Stocks Billionaires Are Loading Up On and 10 Undervalued Semiconductor Stocks To Buy Now.

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