5 Best Stocks Under $15 According to Billionaire Michael Price

1. S&W Seed Company (NASDAQ:SANW)

Price’s Stake Value: $58.4 million

Percentage of Michael Price’s 13F Portfolio: 6.45%

Number of Hedge Fund Holders: 4

Stock Price as of September 29: $2.60

S&W Seed Company (NASDAQ:SANW) is a multi-crop agricultural company that provides a wide range of forage, grain and other specialty crop products. Based in Colorado, S&W Seed Company (NASDAQ:SANW) is ranked first on the list of the 10 best stocks under $15 according to Michael Price.

According to the recent 13F Filings, Michael Price’s MFP Investors holds over 16 million shares of S&W Seed Company (NASDAQ:SANW), amounting to over $58.4 million in worth, accounting for 6.45% of the fund’s total portfolio value. At the end of the second quarter of 2021, 4 hedge funds in the database of Insider Monkey held stakes worth more than $75.7 million in S&W Seed Company (NASDAQ:SANW), down from 7 hedge funds in the previous quarter that held stakes amounting to over $78 million.

At the end of the second quarter of 2021, S&W Seed Company (NASDAQ:SANW) reported EPS of -$0.23, missing estimates by $0.06. The company also reported revenues generated amounting to over $15.05 million, beating market predictions by $0.38 million.

On September 29, B. Riley analyst Sarkis Sherbetchyan lowered the his price target on S&W Seed Company (NASDAQ:SANW) to $4.25 from $5 and kept a Buy rating on the shares.

Long Cast Advisers, in its Q1 2021 investor letter, mentioned S&W Seed Company (NASDAQ:SANW). Here is what the fund said:

“You likely notice we’ve been purchasing S & W Seed (SANW), a producer and manufacturer of agricultural seeds. At current price of $3.90 and with 34M diluted shares and $50M in debt, SANW has an enterprise value of ~$180M. Against trailing 12-month sales, this infers a 2x EV / sales multiple which is in the mid point of the 1x-3x range typically seen in the industry space.

My interest in the company was piqued b/c I was looking for something that would work as a potential commodity hedge against inflation, and agriculture tends to do that. Digging in, I saw two broad attributes that make this company compelling…” (Click here to see the full text)

You can also take a peek at 10 Best Stocks to Buy According to Billionaire Daniel Sundheim and Best Stocks to Buy According to Billionaire Barry Rosenstein’s Jana Partners.

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