5 Hot Penny Stocks To Buy According to Hedge Funds

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In this article, we will take a look at the 5 Hot Penny Stocks To Buy According to Hedge Funds. To see more such penny stocks, go directly to 13 Hot Penny Stocks To Buy According to Hedge Funds.

5. Qurate Retail Inc. (NASDAQ:QRTEA)

Number of Hedge Funds: 19

Qurate Retail Inc. (NASDQ:QRTEA) shares have gained about 38% over the past one month. It ranks 5th in our list of the hot penny stocks to buy according to hedge funds. Last month, the Qurate Retail Inc.’s (NASDQ:QRTEA) Chief Accounting Officer and Principal Financial Officer Brian Wendling disclosed the sale of 20,000 QRTEA shares

Out of the 910 hedge funds tracked by Insider Monkey, 19 funds had stakes in Qurate Retail Inc. (NASDQ:QRTEA). The most significant stakeholder of Qurate Retail Inc. (NASDQ:QRTEA) was Bob Peck and Andy Raab’s FPR Partners which owns an $18.3 million stake in Qurate Retail Inc. (NASDQ:QRTEA).

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