5 Stocks Under $5 With High Potential

3. Banco Bradesco S.A. (NYSE:BBD)

Number of Hedge Fund Holders: 15 

Share Price as of December 14: $2.55

Banco Bradesco S.A. (NYSE:BBD) provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. On December 1, the company declared a monthly dividend of $0.0032 per share, a decrease of 3% from the previous dividend of $0.0033 per share. 

On November 17, JPMorgan analyst Domingos Falavina upgraded Banco Bradesco S.A. (NYSE:BBD) stock to Overweight from Neutral with a price target of R$21, down from R$22, highlighting that shares are now offering a good entry point, specifically for investors willing to endure this cycle.

Among the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in Banco Bradesco S.A. (NYSE:BBD) with 25 million shares worth more than $92.5 million.