5 $10 Stocks That Will Triple

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In this article, we discuss 5 $10 stocks that will triple. If you want to read our discussion on the latest stock market landscape, head directly to 12 $10 Stocks That Will Triple

5. Borr Drilling Limited (NYSE:BORR)

Number of Hedge Fund Holders: 14

Share Price as of February 26: $6.21

Borr Drilling Limited (NYSE:BORR) is a global offshore drilling contractor for the oil and gas industry. The company owns, contracts, and operates jack-up drilling rigs, specializing in shallow-water areas. On February 22, Borr Drilling Limited (NYSE:BORR) reported a Q4 GAAP EPS of $0.11 and a revenue of $220.6 million, outperforming Wall Street estimates by $0.01 and $7.8 million, respectively. The company will also pay a $0.05 per share quarterly dividend on March 18, to shareholders on record as of March 4. Borr Drilling Limited (NYSE:BORR) is one of the $10 stocks that will triple. 

According to Insider Monkey’s fourth quarter database, 14 hedge funds were bullish on Borr Drilling Limited (NYSE:BORR), same as the prior quarter. William B. Gray’s Orbis Investment Management is the largest stakeholder of the company, with 8.4 million shares worth $61.8 million. 

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