5 Best 52-Week Low Small-Cap Stocks to Buy Now

2. Wheels Up Experience Inc. (NYSE:UP)

Number of Hedge Fund Holders: 19

Wheels Up Experience Inc. (NYSE:UP) is a New York-based private aviation service provider that offers on-demand private flights with all the necessary amenities. The company has a fleet of over 200 aircraft and provides access to over 1,200 third-party aircraft.

Experts believe that Wheels Up Experience Inc. (NYSE:UP) is serving an established end market with a potential for high growth. Goldman Sachs also expressed a bullish stance on Wheels Up Experience Inc. (NYSE:UP), citing that the company has significant unique growth catalysts for the long term. However, the investment firm also shared that the private aviation services market is fragmented and requires an asset efficiency model. Wheels Up Experience Inc.’s (NYSE:UP) current share price offers an attractive entry point for potential long-term investors.

During August, Wheels Up Experience Inc. (NYSE:UP) unveiled a number of efforts that ought to yield fruitful outcomes in the future. The company’s controlled fleet is managed via the UP FMS platform from a centralized dashboard. This is expected to increase the effectiveness with which daily tasks and crew scheduling are managed.

Of the 895 hedge funds in Insider Monkey’s database, 19 funds reported owning a stake in Wheels Up Experience Inc. (NYSE:UP) during Q2 2022.