10 Best Strong Buy Stocks to Buy Under $10

5. TeraWulf Inc. (NASDAQ:WULF)

Stock Price: $5.24

Analyst Upside: 35.00%

Number of Hedge Fund Holders: 35

TeraWulf Inc. (NASDAQ:WULF) is one of the best strong buy stocks to buy under $10. In a report released on July 24, Ed Engel from Compass Point maintained a Buy rating on TeraWulf Inc. (NASDAQ:WULF) with a price target of $6.50.

On May 27, TeraWulf Inc. (NASDAQ:WULF) announced the acquisition of 100% of the membership interests of Beowulf Electricity & Data LLC and its affiliates, collectively known as “Beowulf E&D”.

Management stated that the strategic transaction simplifies TeraWulf Inc.’s (NASDAQ:WULF) corporate structure and also “eliminates a related-party relationship consolidating resources under a unified operating framework”.

TeraWulf Inc. (NASDAQ:WULF) operates and owns data center infrastructure specifically designed for high-performance computing and Bitcoin mining. It primarily leverages environmentally sustainable and zero-carbon energy sources, such as hydroelectric and nuclear power, to power its Bitcoin mining and other operations.