5 Best Penny Stocks to Buy in September

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1. Party City Holdco Inc. (NYSE:PRTY)

Number of Hedge Fund Holders: 15

Party City Holdco Inc. (NYSE:PRTY) is a Rockaway, New Jersey-based chain store operator offering party supplies and costumes.

Party City Holdco Inc. (NYSE:PRTY) has the chance to become a quality business and offer healthy returns to shareholders. The stock has been highlighted as a near-term trade that can offer a potential upside of 50%. Party City Holdco Inc. (NYSE:PRTY) is not only present on the retail front but has a complete wholesale division related to party supplies and costumes. The second half of the year is always considered festive in the US, with Halloween coming on October 31. Observers anticipate the business to go through an overhaul and reach a fair value of $30 in the long term.

As of Q2 2022, CAS Investment Partners was the biggest shareholder in Party City Holdco Inc. (NYSE:PRTY).

You can also take a peek at the Best Value Stocks to Buy for the Next Decade and Best and Reliable High Dividend REITs to Buy Now.

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