5 Cheap Stocks To Invest In (February 2021)

4. Bunge Limited (NYSE: BG)

Number of Hedge Funds: 51
P/E Ratio: 10.24

Food company Bunge is one of the 10 cheap stocks to invest in, as of February 2021. The company is involved in food processing, grain trading and fertilizers. In the fourth quarter, the company posted non-GAAP EPS of $3.05, above the Street’s estimates by $1.23. For 2021, the company expects EPS of at least $6, above the Street’s estimate of $5.50. Over the last 12 months, Bunge shares are up by a whopping 45%.

There were 51 hedge funds in our database that held stakes in Bunge Limited, compared to 41 funds in the third quarter. Moore Global Investments is the biggest stakeholder in the company.