5 Quality Undervalued Non-Cyclical Stocks to Buy Now

3. Altria Group, Inc. (NYSE:MO)

Number of Hedge Fund Holders: 40

PE Ratio: 8.59

Altria Group, Inc. (NYSE:MO) markets tobacco products. At the end of the third quarter of 2023, 40 hedge funds in the database of Insider Monkey held stakes worth $565 million in Altria Group, Inc. (NYSE:MO), compared to 43 in the preceding quarter worth $446 million.