5 Most Undervalued Blockchain Stocks To Buy According To Hedge Funds

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In this piece, we will take a look at the five most undervalued blockchain stocks to buy according to hedge funds. If you want to find out why blockchain might become one of the biggest industries in the future, then check out 12 Most Undervalued Blockchain Stocks To Buy According To Hedge Funds.

5. Applied Digital Corporation (NASDAQ:APLD)

Number of Hedge Fund Investors In Q3 2023: 19

Average Analyst Share Price Upside: 183%

Applied Digital Corporation (NASDAQ:APLD) is an American data center company headquartered in Dallas, Texas. The firm has missed analyst EPS estimates in all four of its latest quarters and the stock is rated Buy on average. December is a blockbuster month for the firm as it cut the ribbon on a new 200 megawatt data center facility in Dallas, Texas.

During Q3 2023, 19 out of the 910 hedge funds polled by Insider Monkey were Applied Digital Corporation (NASDAQ:APLD)’s shareholders.

Follow Applied Digital Corp.


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