5 Most Undervalued Retail Stocks To Buy According To Hedge Funds

Page 1 of 5

In this article, we will take a look at the 5 most undervalued retail stocks to buy according to hedge funds. To see more such companies, go directly to 12 Most Undervalued Retail Stocks To Buy According To Hedge Funds.

5. The Kroger Co. (NYSE:KR)

Number of Hedge Fund Holders: 49

The Kroger Co. (NYSE:KR) is one of the classic defensive stock picks in the retail sector as the company has the ability to pass on the inflation effects to its customers and it sells items whose demand remains largely stable even during recessions. The Kroger Co. (NYSE:KR) has a PE ratio of 14.11 as of February 2. Of the 920 hedge funds tracked by Insider Monkey, 49 hedge funds reported owning stakes in The Kroger Co. (NYSE:KR) as of the end of the third quarter. The biggest stakeholder of The Kroger Co. (NYSE:KR) among these funds was legendary billionaire Warren Buffett’s hedge fund which had a $2.2 billion stake in the company.

Page 1 of 5