Published on 15 Apr 2022 on Insider Monkey via Yahoo Finance
10 Best Stocks Under $20 According to Jim Simons’ Renaissance Technologies
In this piece, we will take a look at the ten best stocks under $20 to invest in according to Jim Simons' Renaissance Technologies. If you want to skip the details about Mr. Simons and his billion dollar hedge fund, then head on over to 5 Best Stocks Under $20 According to Jim Simons' Renaissance Technologies.
Renaissance Technologies is a hedge fund based out of New York, United States. It was founded by the mathematician Jim Simons and is known for utilizing quantitative trading strategies.
Dr. Simons is one of the oldest hedge fund founders in the world, and he is among the few of his peers with a distinct mathematical background. He received his undergraduate degree from the illustrious Massachusetts Institute of Technology (MIT) in 1958 and went on to complete a Ph.D. from the equally illustrious University of California, Berkeley in 1961 at the young age of 23. After completing his doctorate, the now billionaire hedge fund founder would go on to work for the National Security Agency (NSA).