5 Most Profitable Small-Cap Stocks Now

In this piece, we will take a look at the five most profitable small-cap stocks now. If you want to learn more about small cap stocks then check out 16 Most Profitable Small-Cap Stocks Now.

5. Sphere Entertainment Co. (NYSE:SPHR)

Trailing Twelve Month Net Income: $613 million

Sphere Entertainment Co. (NYSE:SPHR) is an American entertainment company that produces and holds live events. 2023 has been the year for the company as its Sphere entertainment center in Las Vegas has captivated viewers from all over the world. The firm shared more details about the Sphere in December 2023, when it outlined that several features of the entertainment center make it one of a kind in the world.

Sphere Entertainment Co. (NYSE:SPHR)’s largest shareholder in our database is John W. Rogers’s Ariel Investments as it owns 4.6 million shares that are worth $171 million.

4. CONSOL Energy Inc. (NYSE:CEIX)

Trailing Twelve Month Net Income: $691 million

CONSOL Energy Inc. (NYSE:CEIX) is an American coal company headquartered in Cannonsburg, Pennsylvania. Its shares are rated Buy on average and analysts have set an average share price target of $106.67.

As of September 2023 end, 25 out of the 910 hedge funds covered by Insider Monkey’s research had bought and owned a stake in CONSOL Energy Inc. (NYSE:CEIX). The firm’s biggest investor among these is David Einhorn’s Greenlight Capital as it holds a $252 million stake.

3. Daqo New Energy Corp. (NYSE:DQ)

Trailing Twelve Month Net Income: $708 million

Daqo New Energy Corp. (NYSE:DQ) is a Chinese company that provides raw materials used to make solar panels. A weak Chinese economic environment hasn’t boded well for the firm since it has missed analyst EPS estimates in all four of its latest quarters.

During 2023’s third quarter, 18 out of the 910 hedge funds part of Insider Monkey’s database were the firm’s shareholders. Daqo New Energy Corp. (NYSE:DQ)’s largest shareholder is Larry Chen and Terry Zhang’s Tairen Capital due to its $65.4 million investment.

2. Vital Energy, Inc. (NYSE:VTLE)

Trailing Twelve Month Net Income: $864 million

Vital Energy, Inc. (NYSE:VTLE) is an oil company headquartered in Tulsa, Oklahoma. The firm paid $55 million to expand its operational wells in the U.S. in December 2023, as part of a bid to grow oil production heading into the new year.

By the end of this year’s third quarter, 30 out of the 910 hedge funds part of Insider Monkey’s database had held a stake in Vital Energy, Inc. (NYSE:VTLE). Sameer Sethna’s Aventail Capital Group was the firm’s biggest investor as it owned a $60.1 million stake.

1. Fidelis Insurance Holdings Limited (NYSE:FIHL)

Trailing Twelve Month Net Income: $3.6 billion

Fidelis Insurance Holdings Limited (NYSE:FIHL) is a Bermuda based insurance company with operations in Ireland and the United Kingdom as well. Its shares are rated Buy on average and the average analyst share price target is $17.14.

As of Q3 2023 end, 14 out of the 910 hedge funds surveyed by Insider Monkey were Fidelis Insurance Holdings Limited (NYSE:FIHL)’s shareholders.

Disclosure: None. You can also take a look at 25 Cities With The Hottest Guys In The World and 15 Biggest Silver Mining Companies in the World.

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