5 Best Small-Cap Stocks Ready To Explode According To Hedge Funds

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In this article, we will look at the 5 best small-cap stocks that are ready to explode. If you want to explore similar stocks, you can go to 15 Best Small-Cap Stocks Ready To Explode According To Hedge Funds.

5. Pure Storage, Inc. (NYSE:PSTG)

Number of Hedge Fund Holders: 39

Pure Storage, Inc. (NYSE:PSTG) is an American provider of data storage technologies and services. The company develops all-flash data storage hardware and software products and serves in the United States and across the globe. On March 1, the company posted earnings for the fiscal fourth quarter of 2023. The company reported an EPS of $0.53 and outperformed EPS estimates by $0.14. The company’s revenue for the quarter amounted to $810.21 million, up 14.34% year over year.

Pure Storage, Inc. (NYSE:PSTG) was held by 39 hedge funds at the end of Q4 2022. The total stakes of these hedge funds amounted to $1.01 billion in the company. This is compared to 35 hedge funds in the preceding quarter with stakes worth $1.11 billion. As of December 31, Ken Griffin’s Citadel Investment Group is the top shareholder in the company and has a position worth $136.8 million.

Follow Pure Storage Inc. (NYSE:PSTG)

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