5 Cheap Reliable Stocks to Buy Now

4. Lowe’s Companies, Inc. (NYSE:LOW)

Number of Hedge Fund Shareholders in Q4 2022: 68

Lowe’s Companies, Inc. (NYSE:LOW) is an American company that is headquartered in Mooresville, North Carolina. Like Home Depot, it also primarily sells home improvement products. Some of the products in its stores include hardware, flooring, plumbing, kitchen, and bathroom products.

As of Q4 2022, 68 of the 943 hedge funds part of Insider Monkey’s database had bought the company’s shares. Lowe’s Companies, Inc. (NYSE:LOW)’s largest hedge fund investor is Bill Ackman’s Pershing Square which owns 10.3 million shares that are worth $2 billion.