5 Best Stocks Under $30 According to Ravee Mehta’s Nishkama Capital

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1. Avid Technology, Inc. (NASDAQ:AVID)

Nishkama Capital’s Stake Value: $22.7 million

Percentage of Nishkama Capital’s 13F Portfolio: 5.17%

Stock Price as of October 27: $28.52

Number of Hedge Fund Investors: 21

Avid Technology, Inc. (NASDAQ:AVID) is a global media company that is involved in multiple levels of the media value chain ranging from creating, managing, storing, distributing, and monetizing various types of content.

Jack Vander Aarde at Maxim maintained a Buy rating on Avid Technology Inc. (NASDAQ:AVID) stock but increased the target price from $40 to $45 following the Q2 2021 results in early August.

You can also take a peek at the Yale University Stock Portfolio: Top 10 Picks and 10 Stocks That Beat Profit Expectations.

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