5 Best Very Cheap Stocks To Buy Now According To Hedge Funds

04. Sabre Corporation (NASDAQ:SABR)

Number of Hedge Fund Holders as of Q2, 2022: 38

Stock Price as of October 27: $5.61

Sabre Corporation (NASDAQ:SABR) is a software and technology services solutions provider for the global travel industry. The firm is based in Southlake, Texas, the United States. Sabre Corporation (NASDAQ:SABR) is one of the three key players in the global distribution system (GDS) market that connects wholesale travel suppliers and buyers.

According to experts, the multi-year agreement with Avianca to provide GDS services will bring long-term expansion for the company. Moreover, despite the risk of a heavy debt load, Sabre Corporation (NASDAQ:SABR)’s present value offers a positive risk-reward profile for the business. On October 17, Mizuho analyst Matthew Broome lowered his price target on Sabre Corporation (NASDAQ:SABR) to $6 from $7 and kept a Neutral rating on the shares. The analyst cut the price target but says a lot of risk is now priced into the stock.

According to Insider Monkey’s Q2 data, 38 hedge funds were bullish on Sabre Corporation (NASDAQ:SABR), with combined stakes amounting to $435 million. Terry Smith’s Fundsmith LLP is the leading stakeholder of the company, with 22.4 million shares worth $131 million.