5 Stocks Under $20 to Buy Now

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In this article, we discuss the 5 stocks under $20 to buy now. If you want to read about some more high potential stocks, go directly to 10 Stocks Under $20 to Buy Now.

5. TrueBlue, Inc. (NYSE:TBI)

Number of Hedge Fund Holders: 13 

Share Price as of December 14: $19.56

TrueBlue, Inc. (NYSE:TBI) provides specialized workforce solutions in the United States, Canada, and Puerto Rico. In late October, the firm posted earnings for the third quarter of 2022, reporting earnings per share of $0.63, beating market estimates by $0.03. The revenue over the period was $576 million, down 0.2% compared to the prior year. 

On October 25, Baird analyst Mark Marcon maintained an Outperform rating on TrueBlue, Inc. (NYSE:TBI) stock and raised the price target to $28 from $21, noting that third-quarter results and fourth-quarter were below expectations as cyclical slowing is becoming more apparent.

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Pzena Investment Management is a leading shareholder in TrueBlue, Inc. (NYSE:TBI) with 2.2 million shares worth more than $42.6 million. 

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