5 George Soros Stocks that are on Sale Now

In this article, we will discuss the 5 George Soros Stocks that are on sale now. If you want to explore similar stocks, you can also take a look at 17 George Soros Stocks that are on Sale Now.

5. 3D Systems Corporation (NYSE:DDD)

Year to Date Loss: 40%
Number of Hedge Fund Holders: 13

3D Systems Corporation (NYSE:DDD) is a technology company that provides 3D printing and digital manufacturing solutions. The company makes 3D printers using technologies like stereolithography, selective laser sintering, and direct metal printing.

The once-hot stock in the 3D printing segment has been under pressure in recent months, hurt by disappointing earnings results. Revenues in Q2 totaled $128 million, below the $140 million delivered last year.

3D Systems Corporation (NYSE:DDD) is currently rated as a Hold in the market with an $8 a share price target, implying a 62.93% upside potential from current levels. The stock is down by 40% year to date.

4. Wolfspeed, Inc. (NYSE:WOLF)

Year to Date Loss: 45%
Number of Hedge Fund Holders: 23

Wolfspeed, Inc. (NYSE:WOLF) is another company that the Soros Fund Management relies to gain exposure in the burgeoning semiconductor sector. The company designs and develops silicon carbide and gallium nitride technologies. The company makes power devices like silicon carbide, Schottky diodes, and MOSFETs.

Wolfspeed, Inc. (NYSE:WOLF)’s stock dropped by more than 25% in August as growth stocks came under pressure amid rising interest rates. Additionally, the stock was hurt by disappointing earnings results. The company is no longer profitable and has had to raise billions of dollars to fund its ambitious build-out of silicon carbide factories.

A wave of negative news and deteriorating fundamentals has seen Wolfspeed, Inc. (NYSE:WOLF) plunge by 45% year to date. Amid the implosion, the stock is rated as a Moderate Buy with a $55.69 price target, implying a 46% upside potential.

3. FMC Corporation (NYSE:FMC) 

Year to Date Loss: 47%
Number of Hedge Fund Holders: 32

FMC Corporation (NYSE:FMC) is a company that the Soros Fund Management firm uses to diversify its holdings into the agricultural sector. The company provides crop protection, plant, health, and professional pest and turf management products. It also develops markets and sells crop protection chemicals, including insecticides, herbicides, and fungicides.

FMC Corporation (NYSE:FMC) has been under pressure in 2023, going by the 47% slide in the market. Weakness in sales volume and adverse product market conditions have significantly impacted the company’s fortune. The company has had to cut its revenue outlook for the year due to an unexpected decline in inventory and sales related to extreme weather patterns.

Even as FMC Corporation (NYSE:FMC) is weak in the market, analysts remain optimistic about its long-term prospects with a Moderate Buy rating and a $107 price target with a 60.18% upside potential.

2. Transphorm, Inc. (NASDAQ:TGAN)

Year to Date Loss: 55%
Number of Hedge Fund Holders: 3

Transphorm, Inc. (NASDAQ:TGAN) is a company that develops, manufactures, and sells gallium nitride semiconductor components for high-voltage power conversion applications. The company’s sentiments have been hurt by disappointing results in recent quarters. Net loss in the most recent quarter surged to $7.4 million from $5.4 million, even as revenues increased to $5.9 million from $5.2 million.

After going down by 28% last year, Transphorm, Inc. (NASDAQ:TGAN) has already shed more than 55% in market value this year, turning out to be one of the biggest underperformers in the Soros hedge fund. Despite the underperformance, the stock boasts a Strong Buy rating with a $141.88 price target, implying a 6,290% upside potential from current levels.

1. DISH Network Corporation (NASDAQ:DISH)

Year to Date Loss: 66%
Number of Hedge Fund Holders: 33

DISH Network Corporation (NASDAQ:DISH) and its subsidiaries provide Pay TV services under two segments: Pay TV and wireless. It provides DISH TV video services and programming packages. It also offers access to movies and television shows.

It has turned out to be the biggest disappointment in George Soros as a slide that began last year continues to gather momentum. The stock is already down by 66% year to date after sliding 55% last year. DISH Network Corporation (NASDAQ:DISH) has taken a significant hit after the company suffered cyber-attacks on its IT systems. A decline in core satellite TV  operations and concerns about high debt load have also affected its sentiments in the market.

Despite the underperformance, DISH Network Corporation (NASDAQ:DISH) is still rated as a Moderate Buy with a $13 share price target implying 121.84% upside potential.

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