11 Best Stocks Under $15 to Buy According to Hedge Funds

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9. Kinross Gold Corporation (NYSE:KGC)

Share Price: $14.07

Number of Hedge Fund Holders: 39

Kinross Gold Corporation (NYSE:KGC) is a Canadian-based senior gold mining company. The company has a diverse portfolio of mines and projects in the US, Brazil, Mauritania, Chile, and Canada. Kinross Gold Corporation (NYSE:KGC) ranks among the best stocks under $15 to buy now.

On April 15, BMO Capital reinstated its coverage of Kinross Gold Corporation (NYSE:KGC) by assigning an “Outperform” rating and setting a price target of C$22. BMO’s analysis highlights the company’s portfolio as a stable and low-risk group of assets that stands out because of its cost-efficient core operations. The firm also noted Kinross Gold Corporation’s (NYSE:KGC) capacity to generate strong cash flow because of the company’s efficient execution. Additionally, BMO pointed out that Kinross Gold Corporation (NYSE:KGC) trades at a discount and offers an attractive free cash flow yield of 14% at current prices.

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