5 Best Nano-Cap Stocks To Buy For 2022

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In this article, we will look at the 5 best nano-cap stocks to buy for 2022. If you want to explore similar stocks, you can read 11 Best Nano-Cap Stocks To Buy For 2022.

5. CPS Technologies Corporation (NASDAQ:CPSH)

Market Cap as of October 14: $42.8 Million

Number of Hedge Fund Holders: 4

CPS Technologies Corporation (NASDAQ:CPSH) is a leading provider of advanced material solutions for the transportation, automotive, energy, computing, telecommunication, aerospace, defense, and oil & gas markets. On October 4, CPS Technologies Corporation (NASDAQ:CPSH) announced that it has secured an additional follow-on purchase order of $8.8 million for HybridTech Armor panels from Kinetic Protection, a prime contractor for the U.S. Navy.

As of October 14, CPS Technologies Corporation (NASDAQ:CPSH) is trading at a PE multiple of 11x and has free cash flows of roughly $1.7 million. The company has a trailing twelve-month operating margin of 6.84%. CPS Technologies Corporation (NASDAQ:CPSH) is one of the best micro-cap stocks to buy now.

Hedge funds are initiating positions in CPS Technologies Corporation (NASDAQ:CPSH). At the end of Q2 2022, 4 hedge funds held stakes in CPS Technologies Corporation (NASDAQ:CPSH). The collective stakes of these hedge funds were valued at $538,000. This is compared to 3 positions in the previous quarter with stakes of $715,000.

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