Top Investors’ Stock Portfolio: 5 Small Cap Stocks to Buy

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In this article, we will discuss 5 small-cap stocks to buy now.  If you want to explore similar stocks, you can also read Top Investors’ Stock Portfolio: 10 Small Cap Stocks To Buy.

5. Genco Shipping & Trading Limited (NYSE:GNK)

Market Cap as of November 4: $626.18 Million

Number of Hedge Fund Holders: 16

Genco Shipping & Trading Limited (NYSE:GNK) is a shipping company that owns and operates dry bulk carrier vessels. The company transports iron ore, coal, grain, steel products, and other dry bulk cargoes along worldwide shipping routes. Genco Shipping & Trading Limited (NYSE:GNK) is trading at bargain levels and is offering an attractive buying opportunity. The company is trading at a PE multiple of 2x and is offering a forward dividend yield of 13.50%. The company has free cash flows of $125.2 million. Genco Shipping & Trading Limited (NYSE:GNK) is ranked high on the top investors’ stock portfolio.

This September, Stifel analyst Benjamin Nolan took coverage of Genco Shipping & Trading Limited (NYSE:GNK) with a Buy rating and a $20 price target. On October 10, B. Riley analyst Liam Burke revised his price target on Genco Shipping & Trading Limited (NYSE:GNK) to $27 from $31 and maintained a Buy rating on the shares.

At the end of Q2 2022, 16 hedge funds were bullish on Genco Shipping & Trading Limited (NYSE:GNK) and held stakes worth $142.4 million in the company. Of those, Centerbridge Partners is the top shareholder in the company and has a position worth $88.18 million.

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