5 Most Profitable Cheap Stocks To Buy

2. Vodafone Group Public Limited Company (NASDAQ:VOD)

Latest TTM Net Income: $12.87 billion

Latest P/E Ratio: 1.95

Vodafone Group Public Limited Company (NASDAQ:VOD) is a British telecommunications company headquartered in Newbury, the United Kingdom. The firm is currently facing the heat in the U.K. after a class action lawsuit is targeting big telecommunications companies for allegedly charging ‘loyalty penalties’.

During this year’s September quarter, 22 out of the 910 hedge funds polled by Insider Monkey had invested in the firm. Vodafone Group Public Limited Company (NASDAQ:VOD)’s biggest shareholder among these is Jim Simons’ Renaissance Technologies as it owns $130 million worth of shares.

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