5 Best Stocks Under $10 To Buy Now

4. Yamana Gold Inc. (NYSE:AUY)

Share Price as of March 16: $5.47

Number of Hedge Fund Holders: 33

Yamana Gold Inc. (NYSE:AUY) is a Canadian precious metals company involved in gold, silver and copper production. As of March 16, the stock has returned 32.80% to investors over the past 6 months.

On January 13, National Bank analyst Mike Parkin raised his price target on Yamana Gold Inc. (NYSE:AUY) to C$8.05 from C$7.10 and maintained a Tender rating on the shares. The stock is placed fourth among the best $10 stocks to buy now according to analysts and hedge funds.

At the close of Q4 2022, 33 hedge funds were long Yamana Gold Inc. (NYSE:AUY) and held stakes worth $708.1 million in the company. This is compared to 31 positions in the previous quarter with stakes worth $468 million. As of December 31, Two Sigma Advisors is the leading stockholder in Yamana Gold Inc. (NYSE:AUY) and has disclosed a stake worth $71 million.

Follow Yamana Gold Inc (NYSE:AUY)