5 Best Fast Growing Penny Stocks to Buy Now

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In this article, we will take a look at the 5 best fast growing penny stocks to buy now. To see more such companies, go directly to 10 Best Fast Growing Penny Stocks to Buy Now.

5. Nano Dimension Ltd. (NASDAQ:NNDM)

Number of Hedge Fund Holders: 10

Additive electronics and hardware products company Nano Dimension Ltd. (NASDAQ:NNDM) ranks 5th in our list of the best fast growing penny stocks to buy now. In early July, Nano Dimension Ltd. (NASDAQ:NNDM) posted preliminary Q2 consolidated revenue report, according to which the company’s revenue in the period totaled $14.8 million, a 33% increase over the same period last year. For the first half of 2023 Nano Dimension Ltd. (NASDAQ:NNDM) expects its revenue to total $29.7 million, an increase of about 38% year over year.

Insider Monkey’s database of 943 hedge funds shows that 10 funds had stakes in Nano Dimension Ltd. (NASDAQ:NNDM) as of the end of the first quarter of 2023. The biggest hedge fund stakeholder of Nano Dimension Ltd. (NASDAQ:NNDM) was Marc Majzner’s Clearline Capital which owns a $12.5 million stake in the company.

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