5 Oversold MidCap Stocks To Buy Now

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In this piece, we will take a look at the five oversold midcap stocks to buy now. If you want to take a detailed look at overbought and midcap stocks, check out 11 Oversold MidCap Stocks To Buy Now.

5. Elanco Animal Health Incorporated (NYSE:ELAN)

Number of Q4 2023 Hedge Fund Shareholders: 35

Latest RSI Score: 20.21

Elanco Animal Health Incorporated (NYSE:ELAN) is Indiana based healthcare firm whose products cover animal health. The stock has been under quite a stress lately, as its management continues to deal with an activist investor and announce new board changes.

35 out of the 933 hedge funds part of Insider Monkey’s Q4 2023 database had bought and owned Elanco Animal Health Incorporated (NYSE:ELAN)’s shares. Frederick Disanto’s Ancora Advisors was the biggest investor through its $156 million investment.

Follow Elanco Animal Health Inc (NYSE:ELAN)

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