5 Best Stocks Under $10 in 2021

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1. Mitsubishi UFJ Financial Group, Inc. (NYSE: MUFG)

Number of Hedge Fund Holders: 8

Mitsubishi UFJ Financial Group, Inc. (NYSE: MUFG) is one of Japan’s largest banking sector companies. It operates various businesses, including leasing, credit cards, security, and trust banking. MUFG announced in January 2021 that it had plans to invest in a fund called Innovation Kyoto 2021 Investment Limited Partnership, allowing it to be part of the creation of the next generation of industries in Japan.

MUFG recently released its financials for its Q3 2021 fiscal quarter ended March 31, revealing that its gross profits grew by ¥47.4 billion. The increase was courtesy of net income gains and market-related gains after the Bank Danamon consolidation. The company’s target for FY2020 remains unchanged at ¥600.0 billion.

The company expects its net profit to grow by ¥50 billion as business performance continues to improve. MUFG’s expected dividend yield for the current fiscal year is ¥12.5, which is why it is one of the top stocks under $10 right now.

You can also take a peek at Top 10 Restaurant Stocks Under $10 and 10 Cheap Pharmaceutical Stocks For 2021.

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