5 Cheap Stocks To Buy Now

4. DHT Holdings, Inc. (NYSE: DHT)

DHT ranks 4th on the list of 10 cheap stocks to buy now. The oil tanker company’s shares are up 13% over the last 12 months. The company has a dividend yield of over 3%. Earlier this year, the company bought two VLCCs built-in 2016 at DSME (Daewoo) for $136 million.

As of the end of the fourth quarter, there were 18 hedge funds in Insider Monkey’s database that held stakes in DHT, compared to 24 funds in the third quarter. Jim Simons’ Renaissance Technologies, with 6.02 million shares of DHT, is the biggest stakeholder in the company.