5 Best Stocks Under $10 To Buy Now

In this article, we will discuss the 5 best stocks to buy now that are currently trading under $10. If you want to explore similar stocks, you can go to 15 Best Stocks Under $10 To Buy Now.

5. Payoneer Global Inc. (NASDAQ:PAYO)

Share Price as of March 16: $6.13

Number of Hedge Fund Holders: 31

Payoneer Global Inc. (NASDAQ:PAYO) is an innovative American fintech company that offers cross-border payments, B2B accounts, multi-currency accounts, and other payment services. At the end of the fourth quarter of 2022, 31 hedge funds disclosed positions worth $196.1 million in Payoneer Global Inc. (NASDAQ:PAYO). Of those, Adage Capital Management is the top investor in the company and holds a position worth $35.4 million.

On February 28, Payoneer Global Inc. (NASDAQ:PAYO) announced earnings for the fiscal fourth quarter of 2022 in which it beat EPS estimates by $0.02. The company generated a revenue of $183.56 million, up 31.85% year over year and ahead of Wall Street consensus by $12.67 million. As of March 16, the stock has gained 28.51% over the past 12 months. Payoneer Global Inc. (NASDAQ:PAYO) is one of the best $10 stocks to buy now according to hedge funds.

This February, Jefferies analyst Trevor Williams took coverage of Payoneer Global Inc. (NASDAQ:PAYO) with a Buy rating and a $7 price target.

4. Yamana Gold Inc. (NYSE:AUY)

Share Price as of March 16: $5.47

Number of Hedge Fund Holders: 33

Yamana Gold Inc. (NYSE:AUY) is a Canadian precious metals company involved in gold, silver and copper production. As of March 16, the stock has returned 32.80% to investors over the past 6 months.

On January 13, National Bank analyst Mike Parkin raised his price target on Yamana Gold Inc. (NYSE:AUY) to C$8.05 from C$7.10 and maintained a Tender rating on the shares. The stock is placed fourth among the best $10 stocks to buy now according to analysts and hedge funds.

At the close of Q4 2022, 33 hedge funds were long Yamana Gold Inc. (NYSE:AUY) and held stakes worth $708.1 million in the company. This is compared to 31 positions in the previous quarter with stakes worth $468 million. As of December 31, Two Sigma Advisors is the leading stockholder in Yamana Gold Inc. (NYSE:AUY) and has disclosed a stake worth $71 million.

3. NexTier Oilfield Solutions Inc. (NYSE:NEX)

Share Price as of March 16: $7.78

Number of Hedge Fund Holders: 35

NexTier Oilfield Solutions Inc. (NYSE:NEX) operates as an oil and gas equipment and services company in the United States. As of December 9, Raymond James analyst James Rollyson has a $19 price target and a Strong Buy rating on NexTier Oilfield Solutions Inc. (NYSE:NEX). The stock is one of the best $10 stocks to buy now according to analysts.

NexTier Oilfield Solutions Inc. (NYSE:NEX) was spotted on 35 investors’ portfolios that held collective positions worth $579 million in the company, at the end of Q4 2022. This is compared to 32 hedge funds in the previous quarter with stakes worth $420.5 million. As of December 31, Cerberus Capital Management is the most prominent shareholder in the company and holds a position worth $298.7 million.

2. Transocean Ltd (NYSE:RIG)

Share Price as of March 16: $5.77

Number of Hedge Fund Holders: 41

Transocean Ltd (NYSE:RIG) is a Swiss oil and gas drilling company. As of March 16, the stock has gained 91.50% over the past 6 months. This February, Barclays updated its price target on Transocean Ltd (NYSE:RIG) to $6 from $7 and maintained an Equal Weight rating on the shares.

At the end of Q4 2022, 41 hedge funds were eager on Transocean Ltd (NYSE:RIG) and disclosed positions worth $696.4 million in the company. This is compared to 36 positions in the previous quarter with stakes worth $302.1 million. The hedge fund sentiment for this stock is positive. Transocean Ltd (NYSE:RIG) is placed second among the best $10 stocks to buy now according to hedge funds.

As of December 31, D E Shaw is the leading investor in Transocean Ltd (NYSE:RIG) and has a position worth $159.15 million in the company.

1. Southwestern Energy Company (NYSE:SWN)

Share Price as of March 16: $4.86

Number of Hedge Fund Holders: 44

Southwestern Energy Company (NYSE:SWN) is involved in the exploration and production of oil, natural gas, and natural gas liquids in the United States. Southwestern Energy Company (NYSE:SWN) was a part of 44 investors’ portfolios that held collective positions worth $823.9 million in the company, at the close of Q4 2022. Of those, D E Shaw is the largest shareholder in the company and has a stake worth $113.3 million.

Southwestern Energy Company (NYSE:SWN) is the best $10 stock to buy now according to analysts and hedge funds. On March 7, Piper Sandler analyst Mark Lear revised his price target on Southwestern Energy Company (NYSE:SWN) to $9 from $10 and maintained an Overweight rating on the shares.

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