5 Value Stocks Hedge Funds Like in 2022

In this article, we discuss the 5 value stocks hedge funds like in 2022. If you want to read our analysis of some more value stocks, go directly to the 10 Value Stocks Hedge Funds Like in 2022.

5. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Holders: 83  

PE Ratio: 13.46

Pfizer Inc. (NYSE:PFE) makes and sells biopharma products. The hedge fund sentiment around the stock is overwhelmingly positive. At the end of the fourth quarter of 2021, 83 hedge funds in the database of Insider Monkey held stakes worth $5 billion in Pfizer Inc. (NYSE:PFE), up from 74 in the preceding quarter worth $2.6 billion.

As vaccine usage wanes, Pfizer Inc. (NYSE:PFE) has been working on the development of a COVID-19 pill named Paxlovid. Reports suggest that the company will overcome regulatory and production issues to make the pill available for in-home use by next year. The first supplies may be ready by late 2022. 

In its Q1 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Pfizer Inc. (NYSE:PFE) was one of them. Here is what the fund said:

“Our underweights in health care and staples contributed to relative performance during the period. As we continue to focus the portfolio on high-conviction ideas, we sold Pfizer Inc. (NYSE:PFE) in late 2020, in the health care sector.”