5 Cheap Value Stocks to Buy Amid Market Uncertainty

In this article, we discuss 5 cheap value stocks to buy amid market uncertainty. If you want to read our detailed analysis of these stocks, go directly to 10 Cheap Value Stocks to Buy Amid Market Uncertainty. 

5. Vontier Corporation (NYSE:VNT)

Number of Hedge Fund Holders: 31   

Real-Time Share Price as of February 10: $27.59

PE Ratio: 10.76

Vontier Corporation (NYSE:VNT) makes and sells critical technical equipment. Elite hedge funds hold large stakes in the company. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Gates Capital Management is a leading shareholder in Vontier Corporation (NYSE:VNT) as of Q3 2021, with 4.4 million shares worth more than $149 million. 

Some of the products and services that Vontier Corporation (NYSE:VNT) markets include environmental sensors, fueling equipment, field payment hardware, workflow software, and fleet management software solutions. It is headquartered in North Carolina. 

In its Q1 2021 investor letter, Miller Value Partners, an asset management firm, highlighted a few stocks and Vontier Corporation (NYSE:VNT) was one of them. Here is what the fund said:

“We also purchased Vontier, a spin-out from Fortive, which itself was a spinout from Danaher. Danaher’s unique approach to managing its business and acquiring companies created massive value over the years. Fortive pursued the same path. Vontier uses the same business and acquisition systems and offers similar potential. Vontier’s main businesses are gas station software and hardware and auto repair tooling. The market doesn’t value it similarly to the other two companies due to near-term business headwinds from passing a regulatory-led demand surge for its equipment and concerns about electric vehicle disruption. Management has already made some smart investments in the space and we believe it will deploy the same rational capital allocation policy that drove so much value at its predecessors.”