5 Best Cheap Stocks to Buy Now According to Billionaire Jim Simons

4. Nomura Holdings, Inc. (NYSE: NMR)

Simons’ Stake Value: $9,606,000
Percentage of Jim Simons’ 13F Portfolio: 0.01%
Number of Hedge Fund Holders: 10

Nomura Holdings, Inc. (NYSE: NMR) provides financial services to corporations, individuals, governments and financial institutions across the globe. It is placed fourth on our list of 10 best cheap stocks to buy now according to billionaire Jim Simons. MSG stock has returned more than 30% to investors during the course of the past twelve months.

The hedge fund run by Simons owns more than 1.79 million shares in the company worth over $9.61 million, representing 0.01% of their investment portfolio. Renaissance has decreased activity on Nomura stock by 1% in the past few months.

At the end of the first quarter of 2021, 10 hedge funds in the database of Insider Monkey held stakes worth $195.79 million in Nomura Holdings, Inc. (NYSE: NMR), up from 5 the preceding quarter worth $17.63 million.