5 Best NASDAQ Penny Stocks To Invest In

Page 1 of 5

In this article, we discuss 5 best NASDAQ penny stocks to invest in. If you want to read our discussion on the stock market, head over to 13 Best NASDAQ Penny Stocks To Invest In. 

5. Sirius XM Holdings Inc. (NASDAQ:SIRI)

Number of Hedge Fund Holders: 24

Share Price as of February 11: $4.90

Sirius XM Holdings Inc. (NASDAQ:SIRI) is a North American audio entertainment company operating in two segments – Sirius XM and Pandora and Off-platform. On February 1, Sirius XM Holdings Inc. (NASDAQ:SIRI) reported a Q4 GAAP EPS of $0.09, beating market estimates by $0.01. The revenue of $2.29 billion came in-line with Wall Street expectations. In the fourth quarter of 2023, SiriusXM gained around 131,000 new self-pay subscribers. Sirius XM Holdings Inc. (NASDAQ:SIRI) is one of the best penny stocks to monitor. 

According to Insider Monkey’s third quarter database, 24 hedge funds were bullish on Sirius XM Holdings Inc. (NASDAQ:SIRI), compared to 19 funds in the last quarter. Cliff Asness’ AQR Capital Management is the leading stakeholder of the company, with 14.6 million shares worth over $66 million. 

Follow Sirius Xm Holdings Inc. (NASDAQ:(SIRI))

Page 1 of 5