5 Best High Risk Penny Stocks to Buy Now

3. ACCO Brands Corporation (NYSE:ACCO)

Number of Hedge Fund Holders: 21

ACCO Brands Corporation (NYSE:ACCO) make consumer, business, and academic products, including dry erase boards, school notebooks, storage products, among many other items. ACCO Brands Corporation (NYSE:ACCO) is also a dividend-paying stock, with a yield over 4%. Earlier in August ACCO Brands Corporation (NYSE:ACCO) posted better-than-expected quarterly results.

As of the end of the second quarter of 2023, 21 hedge funds out of the 910 funds in Insider Monkey’s database were long ACCO Brands Corporation (NYSE:ACCO). The biggest stakeholder of ACCO Brands Corporation (NYSE:ACCO) during this period was Israel Englander’s Millennium Management which owns an $11.6 million stake in the company.