5 Best Cheap Stocks to Buy According to Michael Burry

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Below is the list of the 5 best cheap stocks to buy according to Michael Burry.  If you want to skip our detailed analysis of Burry’s history and hedge fund performance, go directly to 10 Best Cheap Stocks to Buy According to Michael Burry

At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, lithium mining is one of the fastest growing industries right now, so we are checking out stock pitches like this emerging lithium stock. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind, let’s take a look at the best cheap stocks to invest in right now:

5. RPT Realty (NYSE: RPT)

Burry’s Stake Value: $6,846,000
Percentage of Michael Burry’s 13F Portfolio: 0.5%
Number of Hedge Fund Holders: 8

The shares of the real estate investment trust RPT Realty (NYSE: RPT) saw a whopping price rally of 58% since the beginning of this year. Michael Burry first initiated a position in the real estate investment trust during the September quarter when its shares were under pressure. However, economic reopening and vaccine rollout provided significant support to RPT Realty’s stock price in the past two quarters.  

RPT Realty saw a decrease in hedge fund sentiment recently. The number of long hedge fund positions declined to 8 at the end of the first quarter compared to 9 positions in the previous quarter.

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