5 Cheap Stocks To Invest In (February 2021)

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1. D.R. Horton, Inc. (NYSE: DHI)

Number of Hedge Funds: 64
P/E Ratio: 10.69

Texas-based home construction company D. R. Horton Inc is one of the 10 cheap stocks to invest in, as of February 2021. The company builds and sells single-family detached homes and attached homes. It also offers mortgages and title insurance services. The stock is up about 25% over the last 12 months. The company in January beat the Wall Street’s fiscal first-quarter estimates. Home closings in the year came in at 80K-82K, versus 65.4K homes closed in fiscal 2020.

According to our database, the number of DHI’s long hedge funds positions increased at the end of the fourth quarter of 2020. There were 64 hedge funds that hold a position in D.R. Horton by the end of December, compared to the 62 funds in the third quarter.

You can also take a peek at Warren Buffett’s Top 10 Stock Picks and 10 Best Value Stocks to Buy for 2021.

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