5 Best Beaten Down Stocks To Buy Right Now

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In this piece, we will take a look at the five best beaten down stocks to buy right now. If you want to learn more about the recent happenings in the stock market, then read 14 Best Beaten Down Stocks To Buy Right Now.

5. Carnival Corporation & plc (NYSE:CCL)

Number of Hedge Fund Investors In Q4 2023: 41

52-Week Range: $8.37 – $19.74

Current Share Price: $14.80

Carnival Corporation & plc (NYSE:CCL) is an American cruise ship company headquartered in Miami, Florida. With more than 90 ships in its fleet, it is one of the largest of its kind in the world. Even though it is significantly up over its 52 week low, the stock is still beaten down since it has lost 70% since the start of the coronavirus pandemic.

As of Q4 2023, 41 out of the 933 hedge funds part of Insider Monkey’s database had held a stake in the firm. Carnival Corporation & plc (NYSE:CCL)’s largest hedge fund shareholder is Josh Overdeck and David Siegel’s Two Sigma Advisors due to its $298 million stake.

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