5 Best Value Penny Stocks To Buy

3. Assertio Holdings, Inc. (NASDAQ:ASRT)

Number of Hedge Fund Holders: 20

Specialty pharma company Assertio Holdings, Inc. (NASDAQ:ASRT) ranks 3rd in our list of the best value penny stocks to buy according to hedge funds. Earlier in August Assertio Holdings, Inc. (NASDAQ:ASRT) posted Q2 results. Adjusted EPS in the period came in at $0.19, missing estimates by $0.03. Revenue in the quarter jumped 16.7% year over year to $40.99 million, surpassing estimates by $1.16 million.

Out of the 910 hedge funds in Insider Monkey’s database, 20 hedge funds had stakes in Assertio Holdings, Inc. (NASDAQ:ASRT) as of the end of June.