5 Cheap Hot Stocks To Buy Now

3. Warrior Met Coal, Inc. (NYSE:HCC)

Latest TTM Price To Earnings Ratio: 5.48

Warrior Met Coal, Inc. (NYSE:HCC), as the title suggests, is a coal company. It sells coal all over the world. A normalization in the energy industry that has reduced dependence on coal has made the firm miss analyst EPS estimates in two out of its four quarters ending with Q2 2023.

By the end of 2023’s June quarter, 21 out of the 910 hedge funds profiled by Insider Monkey were the firm’s investors. Warrior Met Coal, Inc. (NYSE:HCC)’s largest hedge fund shareholder is Jim Simons’ Renaissance Technologies courtesy of its $61.4 million investment.

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