5 Best Stocks Under $10 in 2021

2. Banco Santander, S.A. (NASDAQ: SAN)

Number of Hedge Fund Holders: 14

Banco Santander, S.A. (NASDAQ: SAN) is an international company with operations in key markets such as South America, the UK, and Continental Europe. The company has reportedly expressed interest in TDR Capital’s LeasePlan, although the details remain confidential.

Banco Santander’s head of global debt financing, Rafael Noya, will oversee the company’s expansion into leveraged finance. The company is shifting from high-grade debt in favor of speculative-rated borrowing. It is currently developing a team that will focus on securing high yields in the U.S and European markets.

The offer price will be 24.3% higher than the price of BSMX shares at the market close on March 25. Banco Santander’s Q4 2020 results revealed that its total income was €10.92 billion, while the GAAP EPS was €0.