We've compiled it recently Best Stocks Buyed Based on Hedge Funds $15. In this article, we will explore the position of Kinross Gold Corporation (NYSE:KGC) for other $15 stocks under $15.

U.S. stocks fell Monday, May 5, after President Trump threatened new tariffs to raise concerns about the trade war. This ends the historic gains in the stock market. The S&P 500 fell by about 0.6% to break the longest winning streak in more than 20 years. The Dow Jones industrial average fell nearly 0.3%, also reporting the first loss in the past 10 meetings. Nasdaq High Technology's decline was nearly 0.8%.

Please read also: 10 Most Profitable Cheap Stocks to Buy Now and 12 Best Stocks to Buy and Hold in 12 Years.

The dollar also lost its value when Wall Street began to question whether the confidence in a deal with China was misplaced recently. Previously, investors were optimistic because of signs that the U.S. and China might start talking about tariffs. Chinese officials expressed interest in reopening trade talks with Washington. However, no negotiations are about to begin.

Over the weekend, President Trump said he had no plans to talk to Chinese President Xi Jinping this week, although he said he wanted to reach a "fair deal" with China. Trump visited social media on Sunday and announced a new 100% tariff on films made outside the United States. According to the U.S. president, efforts to start the process will begin immediately, although he does not provide many details on how it will work.

Looking ahead, Wall Street shifts its focus to the Fed’s two-day policy meeting, which will begin on Tuesday. The Fed is expected to keep interest rates the same now, even in recent weeks, President Trump has put pressure on his chairman Jerome Powell.

President Trump’s new tariff threat and the risks of a trade war with China are causing market uncertainty.

To compile our list of the best stocks under $11 purchased based on a hedge fund, we used the Finviz Stock Filter. As of May 2, 2025, we classified based on market value and selected the top 40 stocks at a share price below $15. Next, we focus on the top 11 favorite stocks from institutional investors. Data on hedge fund sentiment around each stock are taken from Insider Monkey’s Q4 2024 database, which has over 1,000 elite hedge funds. Finally, stocks under $11 or $15 that can be purchased are ranked in ascending order based on the number of hedge funds holding shares as of the fourth quarter of 2024.