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18 Best 52-Week Low Stocks To Buy Now

In this article, we will take a detailed look at the 18 Best 52-Week Low Stocks To Buy Now. For a quick overview of such stocks, read our article 5 Best 52-Week Low Stocks To Buy Now.

Many analysts believe US stocks are poised to grow, albeit slowly, in 2024 despite uncertainties around the election, inflation and the Federal Reserve’s next plan of action. Lori Calvasina from RBC Capital Markets in December said, while talking to CNBC, that the market is poised to grow slowly in the second half of 2024 but for now investors need to rest a little to digest the massive gains seen in the fourth quarter of 2023. Calvasina has a 5,000 target for the S&P 500 for 2024.

Buying solid stocks when they are trading at attractive valuations has been the age-old and time-tested strategy of wise investors. Many believe there are many opportunities for under-the-radar stocks and investors should look beyond just the mega-cap tech stocks like Microsoft Corp (NASDAQ:MSFT), Meta Platforms Inc (NASDAQ:META) and  Salesforce Inc (NYSE:CRM).

Long-term investors are always on the lookout for bargains in the market since there are always companies that are trading below their intrinsic value. As the legendary value investor Seth Klarman said long ago in one of his letters to investors, value investing outperforms when everything else in the market is not working:

“I must remind you that value investing is not designed to outperform in a bull market. In a bull market, anyone, with any investment strategy or none at all, can do well, often better than value investors. It is only in a bear market that the value investing discipline becomes especially important because value investing, virtually alone among strategies, gives you exposure to the upside with limited downside risk. In a stormy market, the value investing discipline becomes crucial, because it helps you find your bearings when reassuring landmarks are no longer visible. In a market downturn, momentum investors cannot find momentum, growth investors worry about a slowdown, and technical analysts don’t like their charts. But the value investing discipline tells you exactly what to analyze, price versus value, and then what to do, buy at a considerable discount and sell near full value. And, because you cannot tell what the market is going to do, a value investment discipline is important because it is the only approach that produces consistently good investment results over a complete market cycle.”

Photo by Kaleidico on Unsplash

Methodology

For this article we first used a stock screener to identify stocks that are trading near or at their 52-week lows. From these stocks we chose 18 companies with the highest number of hedge fund investors. Why hedge funds? Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).

18. Aurora Cannabis Inc (NASDAQ:ACB)

Number of Hedge Fund Investors: 7

Canada-based Aurora Cannabis Inc (NASDAQ:ACB) is one of the best 52-week low stocks to buy according to hedge funds.

A total of seven hedge funds tracked by Insider Monkey had stakes in Aurora Cannabis Inc (NASDAQ:ACB). The most notable hedge fund stakeholder of Aurora Cannabis Inc (NASDAQ:ACB) was Israel Englander’s Millennium Management.

During the second quarter results posted in November 2023, Aurora Cannabis Inc (NASDAQ:ACB) said its revenue jumped 30.3% on a year-over-year basis.

17. BioVie Inc (NASDAQ:BIVI)

Number of Hedge Fund Investors: 7

Clinical stage biopharma company BioVie Inc (NASDAQ:BIVI) ranks 17th in our list of the best 52-week low stocks to buy according to hedge funds. While the stock was trading in the green as of January 26, it has lost about 80% in value over the past 12 months. A big blow for the stock came in November 2023 when BioVie Inc (NASDAQ:BIVI) said the primary efficacy endpoint of Phase 3 trial of NE3107 for treatment of mild to moderate Alzheimer’s Disease missed statistical significance “due to exclusions.”

As of the end of the third quarter of 2023, seven hedge funds tracked by Insider Monkey had stakes in BioVie Inc (NASDAQ:BIVI).

16. Brooge Energy Ltd (NASDAQ:BROG)

Number of Hedge Fund Investors: 8

Brooge Energy Ltd (NASDAQ:BROG) shares took a plunge in December 2023 after federal regulators fined Brooge Energy Ltd (NASDAQ:BROG) for allegedly inflating its revenues in documents for a $500 million stock sale.

In October, the stock jumped after Brooge Energy Ltd (NASDAQ:BROG) said it received a takeover offer from Dubai-listed maritime and shipping company Gulf Navigation Holdings.

Insider Monkey’s database of 910 hedge funds shows that eight hedge funds had stakes in Brooge Energy Ltd (NASDAQ:BROG).

15. SES AI Corp (NYSE:SES)

Number of Hedge Fund Investors: 9

SES AI Corp (NYSE:SES) makes high-performance lithium-metal rechargeable batteries for electric vehicles, electric vehicle take-off and landing, and other applications. The stock has lost about 62% over the past one year.

As of the end of the third quarter of 2023, nine hedge funds tracked by Insider Monkey had stakes in SES AI Corp (NYSE:SES).

14. Portillos Inc (NASDAQ:PTLO)

Number of Hedge Fund Investors: 13

Quick service restaurants company Portillos Inc (NASDAQ:PTLO) ranks 14th in our list of the best 52-week low stocks to buy according to hedge funds. Over the past one year the stock has lost about 38% in value.

A total of 13 hedge funds in Insider Monkey’s database of 910 funds had stakes in Portillos Inc (NASDAQ:PTLO). The biggest hedge fund stakeholder of Portillos Inc (NASDAQ:PTLO) during this period was William B. Gray’s Orbis Investment Management which owns a $78 million stake in Portillos Inc (NASDAQ:PTLO).

13. AerSale Corp (NASDAQ:ASLE)

Number of Hedge Fund Investors: 14

AerSale Corp (NASDAQ:ASLE) shares have lost about 45% over the past one year. Earlier this month AerSale Corp (NASDAQ:ASLE) filed a prospectus related to the proposed resale of 9.55 million shares by selling stockholders.

This prospectus is not an offer to sell these securities.

As of the end of the third quarter of 2023, 14 hedge funds out of the 910 funds in Insider Monkey’s database had stakes in AerSale Corp (NASDAQ: ASLE).

12. IHS Holding Ltd (NYSE:IHS)

Number of Hedge Fund Investors: 14

African telecom company IHS Holding Ltd (NYSE:IHS) shares are down by about 48% over the past 12 months. Insider Monkey’s database of 910 hedge funds shows that 14 funds had stakes in IHS Holding Ltd (NYSE:IHS).

In November IHS Holding Ltd (NYSE:IHS) posted Q3 results. Revenue in the quarter fell 10.4% year over year to $467 million, beating estimates by $9.13 million.

11. SSR Mining Inc (NASDAQ:SSRM)

Number of Hedge Fund Investors: 14

SSR Mining Inc (NASDAQ:SSRM) ranks 11th in our list of the best 52-week low stocks to buy according to hedge funds. In November SSR Mining Inc (NASDAQ:SSRM) posted Q3 results. Revenue in the quarter jumped 131.3% year over year to $385.39 million.

As of the end of the third quarter of 2023, 14 hedge funds tracked by Insider Monkey had stakes in SSR Mining Inc (NASDAQ:SSRM).

Palm Valley Capital Management made the following comment about SSR Mining Inc. (NASDAQ:SSRM) in its Q3 2023 investor letter:

“We did not fully sell any positions during the third quarter. We purchased four new names: Avista Corporation (ticker: AVA), Farmland Partners (ticker: FPI), Equity Commonwealth (ticker: EQC), and SSR Mining Inc. (NASDAQ:SSRM). We believe these opportunities materialized because higher interest rates are disproportionately impacting investor sentiment toward certain sectors, even as capitalization-weighted, tech-heavy indexes have powered through the headwinds.

SSR Mining is back in the Fund after a brief hiatus. SSR is a precious metals producer with four mines located in the United States, Turkey, Canada, and Argentina. The company is selling at a meaningful discount to its tangible book value and our calculated net asset value. SSR has a very strong balance sheet with more cash than debt and $4.6 billion in stockholders’ equity. Furthermore, the firm has a history of generating free cash flow, buying back stock, and paying a sustainable dividend.”

10. NovaGold Resources Inc (NYSE:NG)

Number of Hedge Fund Investors: 15

NovaGold Resources Inc (NYSE:NG) shares have lost about 54% over the past one year.

A total of 15 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in NovaGold Resources Inc (NYSE:NG). The biggest stakeholder of NovaGold Resources Inc (NYSE:NG) during this period was John Paulson’s Paulson & Co which owns an $85 million stake in NovaGold Resources Inc (NYSE:NG).

9. VNET Group Inc – ADR (NASDAQ:VNET)

Number of Hedge Fund Investors: 17

Chinese internet and data center services company VNET Group Inc – ADR (NASDAQ:VNET) ranks ninth in our list of the best 52-week low stocks to buy according to hedge funds. 17 hedge funds had stakes in VNET Group Inc – ADR (NASDAQ:VNET) as of the end of the September 2023 quarter. The biggest stake in VNET Group Inc – ADR (NASDAQ:VNET) is owned by Seth Fischer’s Oasis Management which owns an $11 million stake in VNET Group Inc – ADR (NASDAQ:VNET).

8. Vertex Energy Inc (NASDAQ:VTNR)

Number of Hedge Fund Investors: 17

Vertex Energy Inc (NASDAQ:VTNR) recently hit its two-year lows after Fitch downgraded Vertex Energy Inc’s (NASDAQ:VTNR) default rating amid declines in the price difference between refined products and crude oil, known as a crack spread.

As of the end of the third quarter of 2023, 17 hedge funds in Insider Monkey’s database of hedge funds had stakes in Vertex Energy Inc (NASDAQ:VTNR). The most notable hedge fund stakeholder of Vertex Energy Inc (NASDAQ:VTNR) was Adam Usdan’s Trellus Management Company which owns a $9.4 million stake. Unlike Microsoft Corp (NASDAQ:MSFT), Meta Platforms Inc (NASDAQ:META) and  Salesforce Inc (NYSE:CRM), which are highly popular among hedge funds, VTNR is a small company with a lower number of hedge fund investors.

7. B2Gold Corp (NYSE:BTG)

Number of Hedge Fund Investors: 19

Canadian mining company B2Gold Corp (NYSE:BTG) is one of the best 52-week low stocks to buy according to hedge funds. The stock is down by about 33% over the past one year.

A total of 19 hedge funds in Insider Monkey’s database of 910 hedge funds had stakes in B2Gold Corp (NYSE:BTG). The biggest stakeholder of B2Gold Corp (NYSE:BTG) was John Overdeck and David Siegel’s Two Sigma Advisors which owns a $34 million stake in B2Gold Corp (NYSE:BTG).

CIBC recently cut its price target on BTG stock to Neutral from Outperform and set a $3.60 price target, down from $4.20.

6. BlackBerry Ltd (NYSE:BB)

Number of Hedge Fund Investors: 19

BlackBerry Ltd (NYSE:BB) stock ranks sixth in our list of the best 52-week low stocks to buy according to smart money investors. In December the stock plunged after weak guidance. For the fourth quarter BlackBerry Ltd (NYSE:BB) said it expects revenue between $150 million and $159 million, well below the average analyst estimate of nearly $190 million.  During the third quarter the company’s adjusted EPS came in at $0.01, beating estimates by $0.03.

In addition to BlackBerry, hedge funds are also buying Microsoft Corp (NASDAQ:MSFT), Meta Platforms Inc (NASDAQ:META) and  Salesforce Inc (NYSE:CRM).

Click to continue reading and see 5 Best 52-Week Low Stocks To Buy Now.

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Disclosure: None. 18 Best 52-Week Low Stocks To Buy Now is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…