In this article, we will take a look at the 5 best stocks under $5 in 2021. For a detailed analysis of these stocks, go directly to the 10 Best Stocks Under $5 in 2021.
5. Express, Inc. (NYSE: EXPR)
Price as of April 23, 2021: $3.15
Number of Hedge Fund Holders: 14
Ranking 5th in our list of the 10 best stocks under $5 in 2021 is apparel retail firm Express, Inc. (NYSE: EXPR). Columbus-based fashion retailer distributes its modern apparel collections through its e-commerce site and app and over 360 brick and mortar stores.
The company has a market cap of $205 million and revenue of $1.2 billion in 2020. Susan Anderson of B. Riley Securities maintained a neutral rating on Express in a note published on March 11 but raised the firm’s one-year price target from $1.50 per share to $3.50 per share. The stock is popular among Reddit’s WallStreetBets crowd and has gained 77% over the past twelve months.
There were 14 hedge funds that reported owning stakes in Express, Inc. (NYSE: EXPR) at the end of the fourth quarter, up from 13 funds a quarter earlier. The total value of these stakes at the end of Q4 is $13.8 million.