In this article, we discuss the 5 best stocks under $20 according to British billionaire Chris Rokos. If you want to read our detailed analysis of these Rokos’ history and investment philosophy, go directly to the 10 Best Stocks Under $20 According to British Billionaire Chris Rokos.
5. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR)
Rokos’ Stake Value: $10,595,000
Percentage of Rokos’ 13F Portfolio: 0.21%
Number of Hedge Fund Holders: 25
The fifth stock on our list of the 5 best stocks under $20 according to British billionaire Chris Rokos is Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR), which is a Brazilian oil and gas company that operates internationally as well. The core functions at the company involve drilling, refining, processing, and transporting crude oil, natural gas, and other liquid hydrocarbons. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has a market capitalization of $67.699 billion.
On August 5, Scotiabank maintained a Sector Outperform rating on Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR), raising the price target to $13.63 from $10.38.
Out of the hedge funds tracked by Insider Monkey, the Florida-based GQG Partners is the leading shareholder in Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) with over 138.9 million shares amounting to $1.69 billion.
4. Dada Nexus Limited (NASDAQ:DADA)
Rokos’ Stake Value: 10,785,000
Percentage of Rokos’ 13F Portfolio: 0.21%
Number of Hedge Fund Holders: 18
Stock Price as of September 29: $19.54
Dada Nexus Limited (NASDAQ:DADA) is the fourth stock on our list of the 5 best stocks under $20 according to British billionaire Chris Rokos. The Chinese holding company provides on-demand retail and delivery platforms domestically. Headquartered in Shanghai, the two main platforms at Dada Nexus Limited (NASDAQ:DADA) are JDDJ and Dada Now, which have digitally transformed the transactions between customers, retailers, and brand owners. The company has a market cap of $4.727 billion.
Rokos Capital Management owns 362,774 shares in Dada Nexus Limited (NASDAQ:DADA), amounting to $10.78 million, and making up 0.21% of Rokos’ 13F portfolio.
At the end of the second quarter of 2021, 18 hedge funds in Insider Monkey’s database held stakes amounting to $160.5 million in Dada Nexus Limited (NASDAQ:DADA), up from 21 in the previous quarter with stakes worth over $157.5 million.
On September 23, Morgan Stanley maintained an Overweight rating on Dada Nexus Limited (NASDAQ:DADA), raising the price target to $40.12 from $19.54.
Out of the hedge funds tracked by Insider Monkey, the New York-based ROAM Global Management is the leading shareholder in Dada Nexus Limited (NASDAQ:DADA) with 209,055 shares amounting to $6.06 billion.
3. Lufax Holding Ltd (NYSE:LU)
Rokos’ Stake Value: $11,300,000
Percentage of Rokos’ 13F Portfolio: 0.22%
Number of Hedge Fund Holders: 19
The third stock on our list of the 5 best stocks under $20 according to British billionaire Chris Rokos is Lufax Holding Ltd (NYSE:LU), which is yet another Chinese company providing a financial services platform that primarily deals with wealth management and retail credit facilitation. The company was founded in 2005, and has a market cap of $17.581 billion.
Rokos Capital Management owns 1 million shares in Lufax Holding Ltd (NYSE:LU), amounting to $11.3 million, and making up 0.22% of Rokos’ 13F portfolio.
At the end of the second quarter of 2021, 19 hedge funds in Insider Monkey’s database held stakes worth $357.8 million, up from 9 in the previous quarter with stakes amounting to $208.1 million.
The company reported earnings per share of $0.29 on August 9, beating analysts’ consensus estimates of $0.24 by $0.05. The actual revenue for Lufax Holding Ltd (NYSE:LU) was $2.29 billion, missing analysts’ estimates by $18.99 million.
On August 11, Morgan Stanley maintained an Overweight rating on Lufax Holding Ltd (NYSE:LU), raising the price target to $13.5 from $7.05.
Out of the hedge funds tracked by Insider Monkey, the San Francisco-based Farallon Capital is the leading shareholder in Lufax Holding Ltd (NYSE:LU) with more than 11.3 million shares amounting to $127.9 million.
2. PG&E Corporation (NYSE:PCG)
Rokos’ Stake Value: $51,342,000
Percentage of Rokos’ 13F Portfolio: 1.02%
Number of Hedge Fund Holders: 64
Ranking second on our list of the 5 best stocks under $20 according to British billionaire Chris Rokos is PG&E Corporation (NYSE:PCG), which is a San Francisco-based electric and gas company catering to customers in Northern and Central California. The company utilizes nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources to generate electricity. PG&E Corporation (NYSE:PCG) has a market cap of $21.462 billion.
Rokos Capital Management owns about 5.04 million shares in PG&E Corporation (NYSE:PCG), amounting to $51.34 million, and making up 1.02% of Rokos’ 13F portfolio.
At the end of the second quarter of 2021, 64 hedge funds in Insider Monkey’s database held stakes amounting to $4.66 billion in PG&E Corporation (NYSE:PCG), down from 65 in the previous quarter with stakes worth over $5.66 billion.
The company reported last quarter’s earnings per share of $0.27 on July 29, missing analysts’ consensus estimates of $0.28 by $0.01. The actual revenue for PG&E Corporation (NYSE:PCG) was $5.21 billion, beating analysts’ estimates by $407.98 million.
On September 17, Morgan Stanley maintained an Equal-Weight rating on PG&E Corporation (NYSE:PCG), raising the price target to $14 from $9.51.
Out of the hedge funds tracked by Insider Monkey, the California-based Third Point Ventures is the leading shareholder inPG&E Corporation (NYSE:PCG) with more than 81.9 million shares amounting to $833.2 million.
1. Stellantis N.V. (NYSE:STLA)
Rokos’ Stake Value: $58,383,000
Percentage of Rokos’ 13F Portfolio: 1.16%
Number of Hedge Fund Holders: 28
Rokos Capital Management owns about 2.96 million shares in Stellantis N.V. (NYSE:STLA), amounting to $58.38 million, and making up 1.16% of Rokos’ 13F portfolio.
At the end of the second quarter of 2021, 28 hedge funds in Insider Monkey’s database held stakes amounting to $844.3 million in Stellantis N.V. (NYSE:STLA), up from 21 in the previous quarter with stakes worth over $751.7 million.
The company reported last quarter’s earnings per share of $1.24 on August 3. The actual revenue for Stellantis N.V. (NYSE:STLA) was $45.46 billion, beating analysts’ consensus estimates by $2.12 billion.
Out of the hedge funds tracked by Insider Monkey, the Massachusetts-based Arrowstreet Capital is the leading shareholder in Stellantis N.V. (NYSE:STLA) with more than 26.2 million shares amounting to $515.9 million.
You can also take a look at 15 Biotech Stocks to Buy Now According to Srini Akkaraju and Michael Dybbs’ Samsara BioCapital and 10 Best Stocks to Buy According to Billionaire Izzy Englander.
