13 Undervalued Cyclical Stocks to Buy According to Hedge Funds

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6. Lennar Corporation (NYSE:LEN)

Forward P/E Ratio: 13.92

Number of Hedge Fund Holders: 62

Lennar Corporation (NYSE:LEN) is one of the Undervalued Cyclical Stocks to Buy According to Hedge Funds. On August 8, Lennar Corporation (NYSE:LEN) announced the launch of two new home collections in Anderson Farms, Arizona, called Dream and Cottage.

Management noted that these collections aim to make homeownership more accessible for both first-time buyers and existing residents looking for affordability and quality. The Dream Collection offers four single-family floor plans with homes ranging from 814 to 1,120 square feet, featuring two or three bedrooms and two bathrooms. The prices start in the mid $200,000s.

On the other hand, the Cottage Collection features three floor plans. Homes in this series range from 969 to 1,232 square feet and include two or three bedrooms with two bathrooms, along with Bay garages to accommodate one to two vehicles. The pricing for this series begins in the high $200,000s.

Lennar Corporation (NYSE:LEN) is a homebuilder that constructs and sells single-family homes and develops residential land.

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