5 NASDAQ Stocks with Lowest PE Ratios

4. American Airlines Group Inc. (NASDAQ:AAL)

Number of Hedge Fund Investors In Q2 2023: 35

Latest P/E Ratio: 3.85

American Airlines Group Inc. (NASDAQ:AAL) is one of the largest airlines in the U.S. High inflation is causing a bit of turmoil at the company, as while its pilots approved a new contract in August, there are worries about a flight attendant strike.

By the end of this year’s second quarter, 35 out of the 910 hedge funds polled by Insider Monkey had invested in the airline. American Airlines Group Inc. (NASDAQ:AAL)’s biggest hedge fund investor is Jim Simons’ Renaissance Technologies through a stake worth $306 million.

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