5 Best Growth Stocks Under $10

In this piece, we will take a look at five best growth stocks under $10. If you want to skip a primer on growth and want to jump to the top five stocks in the list, then head on over to 12 Best Growth Stocks Under $10.

5. Companhia Energética de Minas Gerais (NYSE:CIG)

Number of Hedge Fund Investors in Q1 2023: 13

Companhia Energética de Minas Gerais (NYSE:CIG) is a Brazilian clean energy company that generates more than five thousand megawatts of electricity. The shares are rated Buy on average; however, two of the three analyst notes covering the shares in June and July rated them as Buy or Strong Buy.

13 of the 943 hedge funds part of Insider Monkey’s first quarter of 2023 database had bought and owned Companhia Energética de Minas Gerais (NYSE:CIG)’s shares. Douglas Harold Hart Polunin’s Polunin Capital is the biggest shareholder with an investment worth $27 million.