5 Best Micro Cap Stocks To Invest In

In this piece, we will take a look at the five best micro cap stocks to invest in. To learn the details about the determinants of mico cap stock performance, check out 12 Best Micro Cap Stocks To Invest In.

5. Park Aerospace Corp. (NYSE:PKE)

Number of Hedge Fund Investors In Q2 2023: 18

Park Aerospace Corp. (NYSE:PKE) is a crucial company when it comes to the aerospace industry since it provides materials that are used to build jet engines and other equipment that have to withstand high temperatures and pressures. The firm’s results for the second quarter of fiscal 2024 saw its sales drop $12.4 million from the year ago quarter’s $13.8 million, and more than 80% of its shares are owned by institutional investors.

During Q2 2023, 18 hedge funds among the 910 tracked by Insider Monkey had bought and invested in Park Aerospace Corp. (NYSE:PKE)’s shares. Out of these, the biggest investor is Jim Simons’ Renaissance Technologies courtesy of its one million shares that are worth $14 million.