5 Stocks Under $25 To Buy Now

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1. Transocean Ltd. (NYSE:RIG)

Latest Share Price: $6.56

Number of Hedge Fund Investors In Q3 2023: 47

Transocean Ltd. (NYSE:RIG) is a backed European oil company that provides drilling equipment. Despite the fact that it has missed analyst EPS in all of its four latest quarters, management insists that it is seeing the start of an up cycle as evidenced by billions of dollars of order backlogs and a presence in major global oil drilling regions.

For their Q3 2023 shareholdings, 47 out of the 910 hedge funds profiled by Insider Monkey had bought and owned Transocean Ltd. (NYSE:RIG)’s shares. Dimitry Balyasny’s Balyasny Asset Management was the biggest stakeholder among these due to its $84 million investment.

Follow Transocean Ltd. (NYSE:RIG)

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