5 Stocks That Are About To Explode

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In this piece, we will take a look at five stocks that are about to explode. If you want to take a look at the latest stock market news, then check out 10 Stocks That Are About To Explode.

5. NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Change In Insider Ownership: 121.31%

52-Week Low Price: $9.14

NexPoint Diversified Real Estate Trust (NYSE:NXDT) is a commercial real estate investment trust that invests in a variety of different properties such as retail and industrial properties. Its director James Dondero has been on a share buying spree this year, having bought close to half a million dollars worth of shares with average prices ranging from $9.6 to $15.9.

As of June 2023, 12 out of the 910 hedge funds polled by Insider Monkey were NexPoint Diversified Real Estate Trust (NYSE:NXDT)’s investors. Thomas E. Lynch’s Mill Road Capital Management is the biggest stakeholder, owning $20.9 million worth of stock.

Follow Nexpoint Diversified Real Estate Trust (TSE:NXDT)

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