5 Best Undervalued Stocks to Buy Now According to Billionaire DE Shaw

3. ExxonMobil Corp. (NYSE:XOM)

D.E. Shaw’s Stake Value: $484.6M

Percentage of  D.E. Shaw’s 13F Portfolio: 0.56%

Number of Hedge Fund Holdings: 72

PE Ratio (TTM): 10.54

Based in Irving, Texas, ExxonMobil Corp (NYSE:XOM) is an American multinational oil and gas corporation. It is one of the largest companies in the world by revenue and market capitalization and as of 2022, ExxonMobil Corp (NYSE:XOM) ranks sixth and twelfth  on the Fortune Global 500.  As of the second quarter of 2022, hedge fund sentiment around ExxonMobil Corp (NYSE:XOM) has declined, with 72 hedge funds reporting stakes in the company, as compared to 83 in the preceding quarter. As of Q2 2022, Rajiv Jain’s GQG Partners is the largest shareholder in the stock, owning more than 47.5 million shares worth $4.1 billion. D.E. Shaw and Co. is much more conservative in their ownership of ExxonMobil Corp (NYSE:XOM), having a total stake of $484.6 million.