5 Value Stocks Hedge Funds Like in 2022

4. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 83 

PE Ratio: 22.33

Johnson & Johnson (NYSE:JNJ) makes and sells healthcare products. On January 25, Citi analyst Joanne Wuensch maintained a Buy rating on the stock with a price target of $195, noting that the quarterly earnings of the firm reflected the resilience the stock had in a tough market situation. 

Johnson & Johnson (NYSE:JNJ) is a top value stock in the finance world. At the end of the fourth quarter of 2021, 83 hedge funds in the database of Insider Monkey held stakes worth $7.3 billion in Johnson & Johnson (NYSE:JNJ), compared to 88 in the previous quarter worth $6.8 billion.