5 Cheapest Stocks With Biggest Upside

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In this piece, we will take a look at the five cheapest stocks with the biggest upside. If you want to learn more about stock valuation, then check out 11 Cheapest Stocks With Biggest Upside.

5. Telesat Corporation (NASDAQ:TSAT)

Number of Hedge Fund Investors In Q3 2023: 13

Latest P/E Ratio: 1.23

Telesat Corporation (NASDAQ:TSAT) is a satellite telecommunications firm headquartered in Ottawa, Canada. The firm made a big announcement in November 2023 when it shared that it has teamed up with a laser communications company to optimize its network.

During Q3 2023, 13 out of the 910 hedge funds surveyed by Insider Monkey had bought and owned Telesat Corporation (NASDAQ:TSAT)’s shares. Out of these, the biggest shareholder is Mark Rachesky’s MHR Fund Management since it owns 18 million shares that are worth $257 million.

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