Jeff Lewis
Mon, June 29, 2026 astatine 11:39 AM CDT 1 min read
Borr Drilling Limited (NYSE:BORR) is 1 of the 8 High Growth Penny Stocks to Buy.
On June 10, 2026, Borr Drilling Limited (NYSE:BORR) disclosed successful a regulatory filing that manager Tor Troim bought 1.06M shares of communal banal connected June 9 successful a full transaction size of $5.0M. Shares were up 4% successful pre-market trading aft the regulatory filing.
Last month, Borr Drilling Limited (NYSE:BORR) reported first-quarter gross of $247 million, versus the $260.61 cardinal statement forecast. Borr Drilling Limited (NYSE:BORR) said that operational show resulted successful method utilization of 99.4% and economical utilization of 97.0%. First-quarter adjusted EBITDA was $88.5 million, chiefly impacted by the precocious declaration start-up of the Odin and a recognition nonaccomplishment proviso of $8.4 million.
Pixabay/Public Domain
Borr Drilling Limited (NYSE:BORR) operates arsenic an offshore shallow-water drilling contractor to the lipid and state manufacture crossed the Americas, Southeast Asia, West Africa, the Middle East, North Africa, and Europe.
While we admit the imaginable of BORR arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
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