5 Most Profitable Penny Stocks Now

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In this piece, we will take a look at the five most profitable penny stocks now. For more penny stocks, head on over to 15 Most Profitable Penny Stocks Now.

5. Lufax Holding Ltd (NYSE:LU)

Trailing Twelve Month Net Income: $1.75 billion (1CNY = 0.15USD)

Number of Hedge Fund Holders in Q3 2022: 14

Lufax Holding Ltd (NYSE:LU) is a Chinese financial services platform that provides different products such as loans and wealth management services. The firm is based in Shanghai, China.

Lufax Holding Ltd (NYSE:LU)’s shares have posted good returns this year, with the stock currently up 6% year to date. By the end of Q3 2022, 14 of the 920 hedge funds polled by Insider Monkey had held a stake in the firm.

Lufax Holding Ltd (NYSE:LU)’s largest investor is Thomas Steyer’s Farallon Capital which owns 38 million shares that are worth $74 million.

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