5 Best Stocks Under $30 According to DE Shaw

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1. Ford Motor Company (NYSE:F)

D.E. Shaw’s Stake Value: $528 million

Percentage of D.E. Shaw’s 13F Portfolio: 0.49%

Number of Hedge Fund Holders:46

Stock Price as of May 25, 2022: $12.48

Ford Motor Company (NYSE:F) is an iconic American automobile manufacturer that is headquartered in Dearborn, Michigan. The company manufactures and sells all kinds of vehicles such as sports utility vehicles (SUVs), trucks, cars, electric, and luxury vehicles.

Ford Motor Company (NYSE:F) raked in $34.5 billion in revenue and $0.38 in non-GAAP EPS for its fiscal first quarter earnings, beating Wall Street analyst estimates as it showed signs of recovery after a major downturn in the sector in the wake of a semiconductor shortage. Tigress Financial raised the company’s share price target to $22 from $20 in May 2022, stating that strong vehicle demand will help revenue growth.

D.E. Shaw owned a $528 million stake in Ford Motor Company (NYSE:F) as 2022’s January quarter ended. Insider Monkey studied 912 hedge fund filings for Q1 2022 to discover that 46 had also invested in the company.

Ford Motor Company (NYSE:F)’s second largest investor is Ken Griffin’s Citadel Investment Group which owns 7.9 million shares that are worth $133 million.

Disclosure: None. You can also take a look at 10 Value Stocks in Seth Klarman’s Latest Portfolio and 10 Biotech Stocks to Buy Today According to Ken Fisher’s Fisher Asset Management.

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