5 Infrastructure Stocks to Buy Under $10

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In this article, we discuss the 5 infrastructure stocks to buy under $10. If you want to read our detailed analysis of these stocks, go directly to the 10 Infrastructure Stocks to Buy Under $10.

5. Companhia Siderúrgica Nacional (NYSE:SID)

Number of Hedge Fund Holders: 11  

Share Price as of November 28: $4.00

Companhia Siderúrgica Nacional (NYSE:SID) is an integrated steel producer. The company has a market cap of $5.77 billion and posted $5.79 billion in revenue last year. In August, the firm declared a quarterly dividend of $0.23 per share. 

Morgan Stanley analyst Carlos De Alba has an Equal Weight rating on Companhia Siderúrgica Nacional (NYSE:SID) stock with a price target of R$35. The analyst noted that steel prices in the United States may have reached “extreme levels”. 

At the end of the third quarter of 2021, 11 hedge funds in the database of Insider Monkey held stakes worth $46 million in Companhia Siderúrgica Nacional (NYSE:SID), down from 12 in the preceding quarter worth $71 million. 

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