5 Best Stocks Under $10 To Buy Now

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In this article, we will discuss the 5 best stocks to buy now that are currently trading under $10. If you want to explore similar stocks, you can go to 15 Best Stocks Under $10 To Buy Now.

5. Payoneer Global Inc. (NASDAQ:PAYO)

Share Price as of March 16: $6.13

Number of Hedge Fund Holders: 31

Payoneer Global Inc. (NASDAQ:PAYO) is an innovative American fintech company that offers cross-border payments, B2B accounts, multi-currency accounts, and other payment services. At the end of the fourth quarter of 2022, 31 hedge funds disclosed positions worth $196.1 million in Payoneer Global Inc. (NASDAQ:PAYO). Of those, Adage Capital Management is the top investor in the company and holds a position worth $35.4 million.

On February 28, Payoneer Global Inc. (NASDAQ:PAYO) announced earnings for the fiscal fourth quarter of 2022 in which it beat EPS estimates by $0.02. The company generated a revenue of $183.56 million, up 31.85% year over year and ahead of Wall Street consensus by $12.67 million. As of March 16, the stock has gained 28.51% over the past 12 months. Payoneer Global Inc. (NASDAQ:PAYO) is one of the best $10 stocks to buy now according to hedge funds.

This February, Jefferies analyst Trevor Williams took coverage of Payoneer Global Inc. (NASDAQ:PAYO) with a Buy rating and a $7 price target.

Follow Payoneer Global Inc.

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