9 Oversold Mid-Cap Stocks to Buy According to Hedge Funds

5. Abercrombie & Fitch Co. (NYSE:ANF)

RSI: 25.37

Market Cap: $3.41 Billion

Number of Hedge Fund Holders: 39

Abercrombie & Fitch Co. (NYSE:ANF) is one of the most oversold mid-cap stocks to buy according to hedge funds. On October 7, 2025, the company announced it will open a new distribution center in Columbus, Ohio, in partnership with Bleckmann, a European supply chain specialist. The facility is expected to be operational by summer 2026 and will serve as a key fulfillment hub for North American operations.

According to the company, the move is aimed at boosting shipping speed, reducing logistics costs, and supporting both store and digital order fulfillment. The new site builds on an existing partnership between the two companies in the UK and the Netherlands, and marks Bleckmann’s formal entry into the U.S. market. Abercrombie has framed the expansion as part of its long-term supply chain modernization strategy, allowing it to scale with demand and tighten delivery times across channels.

The new Ohio center will add automated inventory handling and order processing capabilities, signaling a shift toward greater operational efficiency. If executed well, the investment could improve margins and responsiveness across the company’s U.S. retail and e-commerce footprint.

Founded in 1892 and headquartered in New Albany, Ohio, Abercrombie & Fitch Co. (NYSE:ANF) owns brands including Abercrombie, Hollister, abercrombie kids, and Gilly Hicks, with hundreds of stores worldwide and a growing omnichannel presence.