Ken Fisher’s 5 New Stock Picks

Page 5 of 5

1. CNB Financial Corporation (NASDAQ:CCNE)

Ken Fisher’s Stake: $1,197,000

CNB Financial Corporation (NASDAQ:CCNE) is yet another banking stock in which Ken Fisher’s hedge fund opened a new position during the June quarter. CNB Financial Corporation (NASDAQ:CCNE) shares have lost about 33% over the past one year. Ken Fisher’s fund might have taken this as a buying opportunity as it bought about $1.2 million worth of CNB Financial Corporation (NASDAQ:CCNE) shares during the June quarter.

As of the end of the second quarter of 2023, 11 hedge funds in Insider Monkey’s database of 910 funds reported having stakes in CNB Financial Corporation (NASDAQ:CCNE).

CNB Financial Corporation (NASDAQ:CCNE) is a dividend-paying stock. Earlier in August the company declared a $0.175 per share quarterly dividend, in line with previous. Forward dividend yield came in at 3.49%.

You can also take a peek at 20 Most Catholic Cities in the US and 11 Most Undervalued Biotech Stocks to Buy According to Analysts.

Page 5 of 5