5 Best Undervalued Stocks to Buy According to Reddit

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In this article, we discuss the 5 best undervalued stocks to buy according to Reddit. If you want to read about some more undervalued stocks, go directly to 12 Best Undervalued Stocks to Buy According to Reddit

5. Merck & Co., Inc. (NYSE:MRK)

Number of Hedge Fund Holders: 85     

Merck & Co., Inc. (NYSE:MRK) operates as a healthcare company worldwide. On December 12, investment advisory Morgan Stanley maintained an Equal Weight rating on Merck & Co., Inc. (NYSE:MRK) stock and lowered the price target to $116 from $118. 

At the end of the third quarter of 2023, 85 hedge funds in the database of Insider Monkey held stakes worth $5 billion in Merck & Co., Inc. (NYSE:MRK), compared to 78 in the previous quarter worth $2.6 billion.

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