5 Best Fundamental Penny Stocks To Invest In

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In this article, we discuss 5 best fundamental penny stocks to invest in. If you want to see more stocks in this selection, check out 10 Best Fundamental Penny Stocks To Invest In

5. FlexShopper, Inc. (NASDAQ:FPAY)

Number of Hedge Fund Holders: 1

Share Price as of October 12: $1.5400

FlexShopper, Inc. (NASDAQ:FPAY) was founded in 2003 and is headquartered in Boca Raton, Florida. It is a financial technology company that operates an e-commerce marketplace where customers shop for electronics, home furnishings, and other durable goods on a lease-to-own basis. On October 11, FlexShopper, Inc. (NASDAQ:FPAY) stock climbed 16% after the company reported an exclusive long-term marketing relationship with Liberty Tax. This partnership will allow FlexShopper, Inc. (NASDAQ:FPAY) to provide its consumer loans in Liberty Tax locations across the United States, as well as the online retail channels of Liberty Tax. Liberty Tax has 2,700 locations in the United States and Canada.

According to Insider Monkey’s data, Jim Simons’ Renaissance Technologies held 187,655 shares in FlexShopper, Inc. (NASDAQ:FPAY) at the end of June 2022, worth $169,000. 

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