5 Best NASDAQ Stocks Under $20

Insider Monkey

In this piece, we will take a look at the five best NASDAQ stocks under $20. If you take a look at what’s happening in the NASDAQ these days, then check out 12 Best NASDAQ Stocks Under $20.

5. American Airlines Group Inc. (NASDAQ:AAL)

Number of Hedge Fund Investors In Q1 2023: 36

American Airlines Group Inc. (NASDAQ:AAL) is one of America’s biggest airlines. There is quite a bit of positive sentiment surrounding the stock, as the boom in air travel after the pandemic should lead to it returning to 2019 capacity levels. At the same time, it is trading below the median industry forward price to earnings ratio, and the firm expects to further increase capacity this year.

36 of the 943 hedge funds polled by Insider Monkey for their Q1 2023 investments had bought and owned American Airlines Group Inc. (NASDAQ:AAL)’s shares. Jim Simons’ Renaissance Technologies is the largest shareholder through a $231 million stake.

Follow American Airlines Group Inc. (NASDAQ:AAL)