5 Stocks Under $20 To Buy Now

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1. Warner Bros. Discovery, Inc. (NASDAQ:WBD)

Share Price as of November 23: $10.85

Number of Hedge Fund Holders: 63

New York City-based Warner Bros. Discovery, Inc. (NASDAQ:WBD) is a global media and entertainment company. It was formed in April 2022 through the merger of WarnerMedia’s merger with Discovery which combines premium entertainment, sports and news assets with leading non-fiction and international entertainment and sports businesses.

On November 8, Warner Bros. Discovery, Inc. (NASDAQ:WBD) released its financial results for Q3 2023 which failed to meet the consensus estimates for EPS. The company generated a revenue of $10.0 billion and a normalized EPS of -$0.07, which missed expectations by $0.26.

As of Q3 2023, Warner Bros. Discovery, Inc. (NASDAQ:WBD) was ranked highest on our list of stocks under $20 to buy now. The stock was held by 63 hedge funds with the total shares held by hedge funds valued at $1.5 billion.

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