5 Undervalued Cyclical Stocks for 2021

In this article we will take a look at the 5 undervalued cyclical stocks for 2021. For a detailed analysis of these companies, go directly to the 12 Undervalued Cyclical Stocks for 2021.

5. Superior Group of Companies, Inc. (NASDAQ: SGC)

Number of Hedge Fund Holders: 5

Superior Group of Companies, Inc. (NASDAQ: SGC) is a Florida-based firm that manufactures and sells apparel and accessories. It was founded in 1920 and is placed fifth on our list of 12 undervalued cyclical stocks for 2021. Some of the products that the firm makes include uniforms, corporate identity apparel, career apparel, and accessories for personnel of hospitals and health facilities, among others. It also has stakes in the telemarketing business. 

In early November 2020, Superior Group of Companies, Inc. (NASDAQ: SGC) said that it had filed a prospectus for $120 million worth of mixed shelf offering. The firm launched a secondary offering of 750,000, detailing that the money would be used for general corporate purposes. In February this year, the firm declared a quarterly dividend of $0.1 per share, in line with estimates.

Out of the hedge funds being tracked by Insider Monkey, Greenwich-based investment firm Steamboat Capital Partners is a leading shareholder in the firm with 138,542 shares worth more than $3.2 million.