5 Penny Stocks with Biggest Upside

2. Brandywine Realty Trust (NYSE:BDN)

Number of Hedge Fund Holders: 19

Office buildings REIT Brandywine Realty Trust (NYSE:BDN) is one of the penny stocks with strong upside potential according to financial media. As of the end of the second quarter of 2023, 19 hedge funds tracked by Insider Monkey had stakes in Brandywine Realty Trust (NYSE:BDN).

In July Brandywine Realty Trust (NYSE:BDN) posted second quarter results. FFO in the second quarter came in at $0.29 beating estimates by $0.02. Brandywine Realty Trust (NYSE:BDN) narrowed its loss per share guidance for 2023.