5 Most Undervalued Growth Stocks To Buy According To Analysts

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In this article, we will take a look at the 5 most undervalued growth stocks to buy according to analysts. To see more such companies, go directly to 15 Most Undervalued Growth Stocks To Buy According To Analysts.

5. Applied Industrial Technologies Inc. (NYSE:AIT)

Number of Hedge Fund Holders: 29

Average Analyst Price Estimate: $164.33

Applied Industrial Technologies Inc. (NYSE:AIT) makes industrial motion, power, control, and automation technology solutions. In April Applied Industrial Technologies Inc. (NYSE:AIT) posted its fiscal third quarter results, according to which its adjusted EPS came in at $2.38 beating estimates by $0.23. Revenue in the quarter jumped 12.2% year over year to reach $1.1 billion, missing estimates by $20 million. EDITDA was up 29.2% YoY.

Applied Industrial Technologies Inc. (NYSE:AIT) also increased its sales growth and EPS forecasts for 2023.

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