5 Stocks Under $25 To Buy Now

2. Macy’s, Inc. (NYSE:M)

Latest Share Price: $17.13

Number of Hedge Fund Investors In Q3 2023: 32

Macy’s, Inc. (NYSE:M) is an American retailer that sells consumer goods in the U.S. and some Middle Eastern countries. The firm has been doing well on the financial front as of late, since it has beaten analyst EPS estimates in all four of its latest quarters.

During 2023’s third quarter, 32 out of the 910 hedge funds profiled by Insider Monkey had held a stake in the company. Macy’s, Inc. (NYSE:M)’s biggest hedge fund shareholder is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital since it owns $131 million worth of shares.

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