5 Best 52-Week Low Stocks To Buy Now

4. Petco Health and Wellness Company Inc (NASDAQ:WOOF)

Number of Hedge Fund Investors: 22

Pet food and supplies company Petco Health and Wellness Company Inc (NASDAQ:WOOF) shares have lost about 77% in value over the past one year.

Goldman Sachs recently said in its Americas Retail report for 2024 that retailers that offer ideas in “categories that consumers continue to prioritize” could gain in the year. Petco Health and Wellness Company Inc (NASDAQ:WOOF) is one of the stocks Goldman is bullish on.

A total of 22 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in Petco Health and Wellness Company Inc (NASDAQ:WOOF).