5 Most Undervalued Tech Stocks To Buy According To Hedge Funds

4. Arrow Electronics, Inc. (NYSE:ARW)

Number of Hedge Fund Investors In Q2 2023: 27

Latest P/E Ratio: 6.56

Arrow Electronics, Inc. (NYSE:ARW) provides chips, data analytics, software security, and other related products and services. Its shares are rated Hold on average despite the fact that the firm has beaten analyst EPS estimates for all four of its latest quarters.

As of June 2023, 27 out of the 910 hedge funds part of Insider Monkey’s database had held a stake in the firm. Arrow Electronics, Inc. (NYSE:ARW)’s largest investor in our database is Cliff Asness’ AQR Capital Management since it owns $272 million worth of shares.

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