13 Best American Penny Stocks to Invest In

3. UWM Holdings Corporation (NYSE:UWMC)

Share Price: $4.80

Number of Hedge Fund Holders: 45

UWM Holdings Corporation (NYSE:UWMC) is one of the best American penny stocks to invest in. On January 6, Goldman Sachs reduced its price target on UWM Holdings Corporation (NYSE:UWMC) from $6 to $5 and maintained a Neutral rating on the stock.

Goldman Sachs noted that regional banks have lagged the broader market by 200 to 300 basis points in 2025 due to macroeconomic concerns and credit risks. The research firm noted that the sector still experienced a 13% rally later in the year. Looking ahead to 2026, Goldman Sachs expects strong loan growth, improving net interest income, positive operating leverage, and better returns to support ongoing multi-year fundamental improvement. The research firm added that credit risk remains the key wildcard.

This news comes after UWM Holdings Corporation (NYSE:UWMC) reported that it has entered into a definitive merger agreement to acquire Two Harbors Investment Corp. (NYSE:TWO) in an all-stock deal valued at $1.3 billion in equity.

The company sees this as a forward-looking strategic move that will support its long-term vision. UWM Holdings Corporation (NYSE:UWMC) expects this transaction to create meaningful opportunities for higher profitability and cash flow, strengthen its balance sheet, streamline operations, and improve client outcomes. The merger will bring together two highly complementary organizations.

UWM Holdings Corporation (NYSE:UWMC) is the indirect parent company of United Wholesale Mortgage (UWM), which is the largest wholesale mortgage lender in the US.