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Why Clarivate Plc (CLVT) Is One of the Best Technology Penny Stocks to Buy According to Hedge Funds?

The article from MSN discusses why Clarivate Plc (CLVT) is considered one of the best technology penny stocks to buy, according to hedge funds. Clarivate, a company that provides information services, analytics, and workflow solutions, has seen significant interest from hedge funds due to its strategic positioning in the market. The company's services are crucial for sectors like academia, pharmaceuticals, and intellectual property, which are expected to grow. Despite its penny stock status, Clarivate has shown resilience with a robust portfolio of products like Web of Science and Cortellis, which are vital for research and development in various industries. The article highlights that hedge funds have been increasing their stakes in Clarivate, suggesting confidence in its future growth potential, driven by the increasing demand for data-driven decision-making tools in technology and other sectors. Additionally, Clarivate's efforts in cost management and potential for margin expansion are noted as positive factors for its stock performance.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/technology/tech-companies/why-clarivate-plc-clvt-is-one-of-the-best-technology-penny-stocks-to-buy-according-to-hedge-funds/ar-AA1wz6GC ]