5 Best Stocks Under $10 According to Billionaire Daniel Och’s OZ Management

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1. Two Harbors Investment Corp. (NYSE:TWO)

OZ Management’s Stake Value: $17,647,000
Percent of OZ Management’s 13F Portfolio: 0.12%
Number of Hedge Fund Holders: 30
Share Price as of October 5: $6.42

Two Harbors Investment Corp. (NYSE:TWO) tops our list of the best stocks under $10 according to billionaire Daniel Och’s OZ Management. It is an American real estate investment trust company focused on investing and managing residential mortgage-backed securities and other financial assets. 

In Q2 2021, OZ Management increased its stake in Two Harbors Investment Corp. (NYSE:TWO) by 58% and now owns over 1.7 million shares in the company, valued at $17.6 million. The company now accounts for 0.12% of the hedge fund’s 13F portfolio.

In Q2 2021, Two Harbors Investment Corp. (NYSE:TWO) posted an EPS of $0.19, beating the estimates by $0.01. The company’s book value grew by 9.6% from the previous quarter at $6.42 per common share. In August, Royal Bank of Canada lifted its price target on Two Harbors Investment Corp. (NYSE:TWO) to $7.50, while keeping an ‘Outperform’ rating on the shares. Since the beginning of the year, Two Harbors Investment Corp. (NYSE:TWO) delivered a 3.88% return to shareholders, while its 12-month returns came in at 21.8%. 

As of Q2 2021, 30 hedge funds tracked by Insider Monkey have positions in Two Harbors Investment Corp. (NYSE:TWO), compared with 32 in the previous quarter. These stakes are valued at $160.7 million. 

You can also take a look at 10 Stocks to Invest in According to Billionaire Paul Tudor Jones and Billionaire Jeffrey Talpins’ Top 10 Stocks Picks

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