5 Undervalued S&P 500 Stocks Billionaires Are Loading Up On

3. Citigroup Inc. (NYSE:C)

Number of Billionaire Investors: 13
Forward P/E Ratio as of June 5: 6.36

An American investment banking company, Citigroup Inc. (NYSE:C) is among the undervalued S&P 500 stocks billionaires are loading up on. Warren Buffett and Ken Griffin were two of the company’s most popular billionaire investors in Q1 2023. The stock has a forward P/E ratio of 6.36, as of June 5.

As of the close of March 2023, 79 hedge funds in Insider Monkey’s database had stakes in Citigroup Inc. (NYSE:C), with a collective value of over $7.7 billion.

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