Top 5 Extreme Value Stocks To Buy Now

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1. Cowen Inc. (NASDAQ:COWN)

Number of Hedge Fund Holders: 27

Cowen Inc. (NASDAQ:COWN) is one of the best extreme value stocks to consider. The New York-based company provides investment banking, research, sales and trading, prime brokerage, global clearing, securities financing, commission management, and investment management services in the United States and internationally. On October 28, Cowen Inc. (NASDAQ:COWN) declared a $0.12 per share quarterly dividend, in line with previous. The dividend is distributable on December 15, to shareholders of record on December 1. 

On November 15, Cowen Inc. (NASDAQ:COWN) announced that its stockholders approved the previously announced definitive agreement for Cowen Inc. (NASDAQ:COWN) to be acquired by The Toronto-Dominion Bank (NYSE:TD) in an all-cash transaction valued at approximately $1.3 billion, or $39 per share of Cowen’s common stock. The transaction is forecasted to conclude in the first calendar quarter of 2023. 

According to Insider Monkey’s Q3 data, 27 hedge funds were bullish on Cowen Inc. (NASDAQ:COWN), compared to 19 funds in the last quarter. Alec Litowitz and Ross Laser’s Magnetar Capital is the largest stakeholder of the company, with 1.6 million shares worth $63 million. 

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