In this article, we will take a look at the 5 most undervalued small-cap stocks to buy according to hedge funds. To see more such companies, go directly to 16 Most Undervalued Small-Cap Stocks To Buy According To Hedge Funds.
5. Orion S.A. (NYSE:OEC)
Number of Hedge Fund Holders: 30
Carbon black products company Orion S.A. (NYSE:OEC) is one of the most undervalued small-cap stocks to buy according to smart money investors.
As of the end of the September quarter, 30 hedge funds tracked by Insider Monkey had stakes in Orion S.A. (NYSE:OEC).
Choice Equities made the following comment about Orion S.A. (NYSE:OEC) in its Q3 2023 investor letter:
“Other core holdings continue to trade at attractive valuations. Industrials such as Orion S.A. (NYSE:OEC) and Wesco, Inc. (WCC) trade at single digit earnings’ multiples and offer attractive multi-year growth prospects.”
4. Vital Energy, Inc. (NYSE:VTLE)
Number of Hedge Fund Holders: 30
Tulsa, Oklahoma-based energy company Vital Energy, Inc. (NYSE:VTLE) ranks 4th in our list of the most undervalued small-cap stocks to buy according to hedge funds. Truist recently started covering Vital Energy, Inc. (NYSE:VTLE) with a Buy rating and a $70 price target. The firm said Vital Energy, Inc. (NYSE:VTLE) has executed a transformation over the past several quarters and also initiated several acquisitions.
A total of 30 hedge funds tracked by Insider Monkey had stakes in Vital Energy, Inc. (NYSE:VTLE).
3. Janus International Group, Inc. (NYSE:JBI)
Number of Hedge Fund Holders: 32
Janus International Group, Inc. (NYSE:JBI) stock has gained about 12% year to date through December 4.
As of the end of the third quarter of 2023, 32 hedge funds tracked by Insider Monkey had stakes in Janus International Group, Inc. (NYSE:JBI).
2. The ODP Corporation (NASDAQ:ODP)
Number of Hedge Fund Holders: 34
Business services company The ODP Corporation (NASDAQ:ODP) shares are down about 3.27% over the past one year.
Of the 910 hedge funds in Insider Monkey’s database, 34 hedge funds had stakes in The ODP Corporation (NASDAQ:ODP). Last month The ODP Corporation (NASDAQ:ODP) posted Q3 results. Adjusted EPS came in at $1.88, beating estimates by $0.32. Revenue came in at $2 billion, missing estimates by $40 million.
1. Hertz Global Holdings, Inc. (NASDAQ:HTZ)
Number of Hedge Fund Holders: 42
Hertz Global Holdings, Inc. (NASDAQ:HTZ) tops our list of the most undervalued small-cap stocks to buy according to hedge funds.
As of the end of the third quarter of 2023, 42 hedge funds tracked by Insider Monkey had stakes in Hertz Global Holdings, Inc. (NASDAQ:HTZ).
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