5 Best Stocks To Buy Under $10 According To Hedge Funds

3. eMagin Corporation (NYSE: EMAN)

Number of Hedge Fund Holders: 9

eMagin Corporation (NYSE: EMAN) engages in the development and selling of organic light-emitting diode displays and other virtual imaging products. It was founded in 1996 and has a market cap of close to $200 million.

In March, investment advisory HC Wainwright reiterated a Buy rating on eMagin Corporation (NYSE: EMAN) stock and raised the price target to $5 from $2, noting that the firm was well positioned for growth this year on the back of improving virtual reality prospects.

At the end of the first quarter of 2021, 9 hedge funds in the database of Insider Monkey held stakes worth $5.9 million in eMagin Corporation (NYSE: EMAN), up from 5 in the preceding quarter worth $786,000.