Top 10 Stocks Under $10 That Could Triple

8. Wheels Up Experience Inc. (NYSE:UP)

Share Price: $2.00

Average Price Target Upside Potential According to Analysts: 1,395.33%

Number of Hedge Fund Holders: 19

Wheels Up Experience Inc. (NYSE:UP) is one of the top stocks under $10 that could triple. On August 20, Wheels Up Experience Inc. (NYSE:UP) reported that it has divested three non-core service businesses for about $20 million before transaction-related costs.

The three businesses that the company sold are Baines Simmons, Kenyon International Emergency Services, and Redline Assured Security. Wheels Up Experience Inc. (NYSE:UP) plans to reinvest the money from this sale to improve its fleet through modernization.

The sale of these three businesses is part of the company’s plan to strengthen its strategic focus. Wheels Up Experience Inc. (NYSE:UP) aims to invest in its products, fleet, and operations while also making its balance sheet stronger.

In addition to this sale, Wheels Up Experience Inc. (NYSE:UP) has also recently announced initiatives to drive about $50 million of cost efficiencies. These steps are expected to provide meaningful tailwinds, helping the company to grow profitably.

The sale of these non-core services businesses complements continued efforts to streamline Wheels Up’s business, drive operational performance and execute on the company’s fleet simplification and modernization strategy.

Wheels Up Experience Inc. (NYSE:UP) is one of the world’s largest private aviation companies. It provides on-demand private aviation services in the United States.