In this article, we will take a look at the 12 Best NASDAQ Penny Stocks to Buy According to Hedge Funds.On September 12, Franklin Templeton released its research on active U.S. small-cap management. The research found that active small-cap managers actually have a strong relative long-term performance record. The report highlighted the historical trend between active small-cap managers outperforming the Russell 2000 in periods when value stocks lead, while trailing the small-cap index when growth stocks lea ...