5 Best Single Digit Stocks to Buy Now

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In this article, we discuss 5 best single digit stocks to buy now. If you want to read about some more single digit stocks, go directly to 15 Best Single Digit Stocks to Buy Now.

5. ACCO Brands Corporation (NYSE:ACCO)

Number of Hedge Fund Holders: 16  

Share Price as of October 21: $4.33

ACCO Brands Corporation (NYSE:ACCO) designs, manufactures, and markets consumer, school, technology, and office products. It is one of the best single digit stocks to invest in. On August 12, ACCO Brands Corporation said that it has published its 2021 Environmental, Social and Governance Report. This outlines the company’s commitment to ESG and also includes an update on its diversity goals and publicly committed sustainability.  

On October 17, Barrington analyst Kevin Steinke maintained an Outperform rating on Acco Brands (NYSE:ACCO) stock and lowered the price target to $7 from $11, highlighting that the company’s near-term business conditions are challenging but long-term outlook remains favorable.

At the end of the second quarter of 2022, 16 hedge funds in the database of Insider Monkey held stakes worth $28.8 million in ACCO Brands Corporation (NYSE:ACCO), compared to 17 the preceding quarter worth $44.3 million.

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