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

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3. Grab Holdings Limited (NASDAQ:GRAB)

Share Price: $4.89

Number of Hedge Fund Holders: 57

Grab Holdings Limited (NASDAQ:GRAB) is a Singaporean multinational technology company operating across the delivery, mobility, and digital financial services sectors. It owns and operates a super app in Southeast Asia that allows users to order food or groceries, send packages, hail a ride or taxi, pay for online purchases, and access services such as lending and insurance. The company serves over 800 cities in 8 Southeast Asian countries. These include Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Grab Holdings Limited (NASDAQ:GRAB) ranks among the best stocks under $15 to invest in.

On April 16, JPMorgan analyst Ranjan Sharma reduced the price target on Grab Holdings Limited (NASDAQ:GRAB) from $5.60 to $5.30 but maintained an “Overweight” rating. Sharma cited the company’s potential to perform well even in the face of macroeconomic challenges as it has a relatively affluent user base supporting its business. Grab Holdings Limited (NASDAQ:GRAB) has 44 million Monthly Transacting Users (MTUs), which represents about 6% of the population. The analyst pointed out that the company is gaining market share and continuing to grow its Monthly Active Users (MAUs), while some competitors are seeing declines. The launch of more affordable products is expected to help Grab Holdings Limited (NASDAQ:GRAB) further drive customer and Gross Merchandise Value (GMV) growth. Additionally, Sharma highlighted the company’s Travel Pass as a competitive advantage that could help it capture more spending from travelers. However, the analyst noted that Grab Holdings Limited (NASDAQ:GRAB) is not immune to economic pressures and as a result, JPMorgan has slightly reduced its adjusted EBITDA forecast for the company by 3-4% for 2025 and 2026.

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