Hedge funds quietly loading up on this stock (Under $5)

Fellow Investor, Just about every industry suffered deep stock market losses when the coronavirus hit earlier this year. Now the market is trying to dig out from its gut-wrenching downfall. And if a second wave strikes later this year you could see a whole new round of devastation. But one industry has been immune. Stocks in this little-followed corner of the market are soaring. And PE ratios are still at record lows. Which means there are some incredible bargains right now. You've probably never heard of these companies even though several boast market caps of more than $100 billion, making them among the largest companies in the world. Yet here they are acting like small-cap growth stocks, giving their investors gains like 82% and 129% in the past year. That might make you think it's too late for you to jump in. But as ABS-CBN News reported on March 2nd, investors and analysts are betting a number of the high-flying stocks in the sector will continue to produce mouth-watering gains Especially one little-known Nasdaq-listed stock that has been trading at under $5.00: China Xiangtai Food Co. (Nasdaq:PLIN). China Xiangtai is much smaller than some of its mega-cap competitors. But that hasn't stopped it from turning in some pretty impressive numbers. Revenue has tripled in the past three years. And its PE ratio is just a third of the industry leaders, which means there's a lot of room for growth before the stock reaches fair value. It won't be that cheap for long, though. So be sure you take a closer look before it's too late. Click here now for all the details.

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