Top 5 Small-Cap Stocks With Highest Upside Potential

2. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI)

Number of Hedge Fund Holders: 18     

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) operates as a media company in the United States. It is one of the major small cap stocks to invest in. On October 17, Sinclair Broadcast Group declared a multi-platform partnership to create content across a range of formats and subjects with an award-winning personality. On September 26, Sinclair Broadcast Group officially launched its streaming services.

At the end of the second quarter of 2022, 18 hedge funds in the database of Insider Monkey held stakes worth $307.9 million in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI), compared to 17 the preceding quarter worth $413 million.