5 Industrial Stocks Under $10 That Are Poised To Explode

1. Constellium NV (NYSE:CSTM)

Investors with Long Positions (as of June 30): 25

Aggregate Value of Investors’ Holdings (as of June 30): $390.37 Million

Constellium NV (NYSE:CSTM) represents another good low-priced opportunity, even though hedge funds’ sentiment declined during the latest quarter. The number of hedge funds with positions in the stock was down by one quarter-over-quarter, while the value of these positions decreased by $72.93 million. Even so, the hedge funds tracked by the Insider Monkey team owned 31.50% of the company’s outstanding shares at the end of June. Constellium’s stock performance has been disappointing this year, with its shares losing 49% since the start of 2015. Even though the company’s business has been relatively strong lately, Constellium NV has been facing challenges with its Muscle Shoals facility, acquired from Wise Metals. Phill Gross and Robert Atchinson’s Adage Capital Management is the largest equity holder of Constellium NV (NYSE:CSTM) in our database, with 8.33 million shares.

Disclosure: None