In this article, we will discuss the 12 Best Value Stocks to Buy Right Now.
On June 26, EY-Parthenon’s Greg Daco appeared on CNBC’s ‘The Exchange’ to discuss the economy’s standing. Daco explained that the Fed’s monetary policy stance is currently slightly restrictive, placing a degree of restraint on the economy. He argued that the inflation the country is experiencing is not driven by high demand but rather by supply-side pressures, such as elevated energy prices and the strain of AI-driven demand on limited resources, which have pushed up prices for computers and electronics. Because these are not pressures the Fed is well-equipped to manage through standard rate adjustments, Daco anticipates that the Fed will continue to hold rates steady, even with inflation running at double the Fed’s 2% target.
Addressing the broader economic health of the nation, Daco discussed the income squeeze currently affecting many Americans. He noted that data for May shows that income, when adjusted for taxes and inflation, is essentially not growing, leading to a gradual erosion of spending power. While he does not believe that the economy is entering a recession or immediate slowdown, he emphasized that this erosion of spending power is capping the potential growth of consumer spending. Daco explained that although lower energy prices may help reduce inflation in H2 of the year, one of the primary pillars of consumer spending (inflation-adjusted wages) is currently in contraction. Ultimately, he concluded that while the US economy is still moving forward, these underlying fragilities in the pillars of growth provide the key reason why the Fed will likely decide to remain on hold.
Our Methodology
We used screeners to identify stocks that are trading below a forward P/E of 15, and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Note: All data was sourced on June 29.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
12 Best Value Stocks to Buy Right Now
12. Eni S.p.A. (NYSE:E)
Number of Hedge Fund Holders: 14
Eni S.p.A. (NYSE:E) is one of the best value stocks to buy right now. On June 29, Eni announced an agreement to acquire a 32% stake in three unconventional gas blocks within Argentina’s Vaca Muerta shale formation. Once regulatory approvals are secured, the assets will be jointly owned by YPF, Eni, and XRG. This investment is designed to supply gas to the Argentina LNG project, an integrated development that aims to export 12 million metric tons of LNG annually using two floating units.
The deal aligns with Eni’s strategy to build integrated value chains by combining upstream production with global LNG marketing. Company leadership emphasized that the partnership uses their expertise in floating LNG technology to convert Vaca Muerta’s vast shale resources into competitive exports for the international market.
This collaboration marks a significant milestone for Argentina’s energy ambitions as it seeks to monetize its unconventional resources. By bringing together major industry players, the project aims to establish Argentina as a long-term supplier in the global gas market, addressing the rising demand for flexible LNG supply through large-scale infrastructure development.
Eni S.p.A. (NYSE:E) operates as an integrated energy company across Italy, the rest of Europe, the United States, Asia, Africa, and international markets.
11. Sun Life Financial Inc. (NYSE:SLF)
Number of Hedge Fund Holders: 17
Sun Life Financial Inc. (NYSE:SLF) is one of the best value stocks to buy right now. On June 16, Sun Life US and Medzown announced a collaboration to increase access to clinical trials for employees of self-insured employers dealing with cancer and complex conditions like orthopedic/musculoskeletal issues. By using Medzown’s AI-powered predictive analytics, Sun Life’s stop-loss clients can identify members at critical diagnostic stages and connect them with advanced therapeutic options and clinical trials.
The partnership aims to address the rising financial burden of high-cost claims, which average over $250,000 for cancer treatments, by providing precision medicine support and personalized patient navigation. A team of scientists and navigators will work directly with members and their care teams, acting as an extension of existing benefits to ensure a supported path to effective, cutting-edge therapies.
This initiative expands Sun Life Financial Inc.’s (NYSE:SLF) suite of health solutions, which already includes clinical reviews and expert cancer second opinions. By proactively managing complex diagnoses, the collaboration seeks to improve patient health outcomes while simultaneously reducing long-term specialty drug cost exposure for self-funded employers.
Sun Life Financial Inc. (NYSE:SLF) is a financial services company that provides asset management, wealth, insurance, and health solutions to individual and institutional customers internationally.
10. Equinor (NYSE:EQNR)
Number of Hedge Fund Holders: 18
Equinor (NYSE:EQNR) is one of the best value stocks to buy right now. On June 29, Equinor announced that it will discontinue its offshore wind operations in Japan and close its Tokyo office by the end of the year. The decision follows an internal strategic review and the company’s inability to secure leases in various public offshore wind auctions during its tenure in the market, which began in 2018.
Despite withdrawing from the local offshore wind sector, Equinor emphasized that Japan remains an important market for its broader business interests. The company plans to maintain existing relationships with Japanese firms in areas such as technology development, supply chain management, capital markets, and commodities.
Equinor (NYSE:EQNR) stated that the experience and insights gained in Japan will continue to support its global renewable energy capabilities. This move reflects the company’s ongoing effort to adjust its global strategy, placing a stronger emphasis on integrated power markets as it streamlines its international portfolio.
Equinor (NYSE:EQNR) explores, transports, produces, refines, and markets petroleum and petroleum-derived products. The company’s operations are divided into the following segments: Exploration & Production Norway, Exploration & Production International, Exploration & Production USA, Marketing, Midstream, Processing, Renewables, and Other.
9. Energy Transfer LP (NYSE:ET)
Number of Hedge Fund Holders: 34
Energy Transfer LP (NYSE:ET) is one of the best value stocks to buy right now. On June 19, Energy Transfer LP announced a major expansion of its Nederland NGL Export Terminal in Texas, which will increase ethane export capacity by 240,000 barrels per day/bpd and LPG capacity by 55,000 bpd. The project includes expanding NGL pipeline capacity and constructing two additional ship docks, with the full refrigerated export capacity at the terminal expected to exceed 1.25 million bpd by mid-2029.
The company has already secured long-term commitments for the entire new ethane export capacity through the 2040s. These enhancements are part of a broader infrastructure strategy, which includes expanding refrigerated storage tanks at Nederland and increasing the capacity of the Marcus Hook NGL facility. These combined efforts will raise Energy Transfer LP’s (NYSE:ET) total refrigerated NGL export capacity to approximately 1.7 million bpd.
These developments complement ongoing initiatives, including the construction of a new ethane storage cavern in Mont Belvieu and recent pipeline debottlenecking projects. With an estimated $5 to $5.5 billion growth investment for 2026, the company continues to aggressively scale its midstream assets to meet rising demand for NGL exports and natural gas services across the US Gulf Coast and beyond.
Energy Transfer LP (NYSE:ET) offers natural gas pipeline transmission and transportation services. The company operates through the following segments: Intrastate Transportation & Storage; Interstate Transportation & Storage; Midstream, NGL, and Refined Products Transportation & Services; Crude Oil Transportation & Services; Investment in Sunoco LP; Investment in USAC; and All Other.
8. Becton, Dickinson & Company (NYSE:BDX)
Number of Hedge Fund Holders: 48
Becton, Dickinson & Company (NYSE:BDX) is one of the best value stocks to buy right now. On June 23, BD (Becton, Dickinson & Company) announced that its CentroVena One Insertion System was awarded an Innovative Technology contract by Vizient, the nation’s largest provider-driven healthcare performance improvement company. This contract recognizes the system as a breakthrough innovation that simplifies central line placement through an all-in-one design, potentially improving both patient outcomes and clinician safety.
The CentroVena One system integrates essential components (including the guidewire, needle, syringe, and catheter) into a single device. By streamlining the insertion process, it achieves 30% fewer procedural steps and can reduce maximum procedure time by up to 50% compared to standard techniques. These efficiencies also help mitigate risks such as contamination, needlestick injuries, and complications like air or guidewire embolisms.
Selected by hospital experts on Vizient’s client-led councils, this contract validates the clear clinical need for a more standardized approach to central line insertion. By making this technology more accessible to Vizient’s extensive network of healthcare providers, the agreement aims to drive meaningful improvements in procedural consistency, operational efficiency, and overall quality of care.
Becton, Dickinson & Company (NYSE:BDX) is a global medical technology company headquartered in New Jersey. The company manufactures and sells medical supplies, devices, laboratory equipment, and diagnostic products worldwide.
7. MetLife Inc. (NYSE:MET)
Number of Hedge Fund Holders: 52
MetLife Inc. (NYSE:MET) is one of the best value stocks to buy right now. On June 11, MetLife launched the Non-Qualified Assignment Flex Agreement/NQA-FA to provide more flexible settlement options for non-physical injury claims. Unlike traditional structures, this funding agreement allows for deferred payments extending beyond one year, enabling customized schedules for diverse cases like employment disputes and contract litigation.
The NQA-FA grants attorneys and brokers greater control over payment timing and design for both individual and business payees. By using a funding agreement rather than a standard annuity, it bypasses traditional regulatory restrictions, offering a versatile tool that adapts to the specific financial needs of claimants.
This solution directly addresses the rising demand for adaptable settlement structures in an era of increasingly complex litigation. By combining payment flexibility with MetLife Inc.’s (NYSE:MET) financial guarantees, the NQA-FA aims to support long-term financial security for those involved in legal settlements.
MetLife Inc. (NYSE:MET) provides insurance and financial services to individual and institutional clients in the US, Latin America, EMEA, and Japan. The company is based in New York, New York, and was founded in March 1868.
6. Devon Energy Corporation (NYSE:DVN)
Number of Hedge Fund Holders: 58
Devon Energy Corporation (NYSE:DVN) is one of the best value stocks to buy right now. On June 24, Devon Energy Corporation announced the final results of its private exchange offers to swap outstanding notes issued by its subsidiary, Coterra Energy, for new Devon notes and cash. The offers, which concluded on June 23, saw high participation rates across several series of notes, with total tendered principal amounts ranging from 65% to nearly 98% per series.
Settlement of these exchange offers is scheduled for approximately June 25. The new Devon notes will be issued as general unsecured obligations, ranking equally with the company’s existing unsecured and unsubordinated debt. This transaction successfully consolidated various debt obligations under Devon’s primary indenture.
Participation in the exchange was limited to eligible institutional buyers in the US and non-US persons outside the country, with specific requirements for Canadian holders. By finalizing these exchanges, Devon has effectively refinanced a significant portion of Coterra’s existing debt, streamlining its capital structure.
Devon Energy Corporation (NYSE:DVN) is an energy company.
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