5 Best Micro-Cap Stocks To Invest In

In this article, we will look at the 5 best micro-cap stocks to invest in. If you want to explore similar stocks, you can read 11 Best Micro-Cap Stocks To Invest In.

5. Alto Ingredients, Inc. (NASDAQ:ALTO)

Market Cap as of October 13: $286 Million

Number of Hedge Fund Holders: 11

Alto Ingredients, Inc. (NASDAQ:ALTO) produces and distributes specialty alcohols and ingredients. The company’s products are used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers, disinfectants, alcoholic beverages, commercial animal feed, and pet food products among other products. The stock is trading at a PE multiple of 5x, as of October 13, and has free cash flows of $21.5 million. Alto Ingredients, Inc. (NASDAQ:ALTO) is one of the best micro-cap stocks to invest in now. On September 12, Alto Ingredients, Inc. (NASDAQ:ALTO) announced a share buyback program of $50 million with initial purchase authorization of $10 million.

Over the past three months, Alto Ingredients, Inc. (NASDAQ:ALTO) has received 1 Buy rating and 1 Hold rating from Wall Street analysts. The stock has an average price target of $16, which represents an upside of 313% from current levels.

At the end of Q2 2022, 11 hedge funds were eager on Alto Ingredients, Inc. (NASDAQ:ALTO) and held stakes worth $16.8 million in the company.