5 Best Bargain Stocks To Buy in March

4. Titan Machinery Inc. (NASDAQ:TITN)

Number of Hedge Fund Holders: 22

Titan Machinery Inc. (NASDAQ:TITN) owns and operates a network of full-service agricultural and construction equipment stores in the United States and Europe. It operates through three segments – Agriculture, Construction, and International. Titan Machinery Inc. (NASDAQ:TITN) is one of the best cheap stocks to invest in. 

On December 13, B. Riley analyst Alex Rygiel initiated coverage of Titan Machinery Inc. (NASDAQ:TITN) with a Buy rating and a $48 price target. The analyst believes that a large percentage of the company’s revenue, ranging from 85% to 90%, comes from sales of agricultural and construction equipment to farmers and ranchers, making it a reliable investment during uncertain economic times. Despite challenges faced by the company’s operations in Ukraine, which the analyst suggested have negatively impacted the company’s valuation, Titan Machinery Inc. (NASDAQ:TITN) has recently shown strong financial performance.

According to Insider Monkey’s Q4 data, 22 hedge funds were bullish on Titan Machinery Inc. (NASDAQ:TITN), compared to 18 funds in the prior quarter. Ken Griffin’s Citadel Investment Group is the largest stakeholder of the company, with 172,106 shares worth $6.8 million.

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