In this article, we will look at the Top 10 Extreme Value Stocks To Buy Now.
Federal Reserve Chair Kevin Warsh recently made two separate comments that have made investors rethink their investment strategies. The first comment was related to the independence of the central bank, with Warsh reiterating that the organization will continue as a politically independent entity and will not be influenced by any sitting President. The second discussed rising inflation, and Warsh emphasized that the Fed will not comfort investors and they should expect higher borrowing costs to continue.
While the problem for households is that the cost of products they consume keeps rising, investors have a different kind of problem. In a blog published on the U.S. Bank’s website, this problem was explained perfectly:
Higher rates can pressure stocks by raising borrowing costs for companies and consumers. This effect can be especially important for companies whose profits depend more heavily on future growth than current earnings, because higher rates can reduce the value investors assign to profits expected many years from now.
In a high-interest rate environment, investors start looking at valuations differently. As risk-free alternatives become more attractive, investors heavily discount the present value of future earnings. To avoid getting trapped in stocks that are trading at a premium due to future growth, one must therefore look at stocks that are trading at an extremely low multiple of their future earnings.
These low forward P/E stocks can also offer an extra margin of safety, especially if they’re trading below their intrinsic value. We decided to look at these stocks in our article Top 10 Extreme Value Stocks to Buy Now, and also at how hedge funds operating in the market are including these in their portfolios.
Our Methodology
To come up with our list of top 10 extreme value stocks to buy now, we looked at companies with a market cap of at least $2 billion and a forward P/E multiple between 4x and 8x. These companies have reported recent investor-worthy news and are also popular among hedge funds. They are ranked in ascending order of the number of hedge funds holding them in their portfolios.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
Note: All share price data is as of market close on July 1, 2026.
10. Equinox Gold Corp. (NYSEAMERICAN:EQX)
Number of Hedge Fund Holders: 38
According to a report released on June 29, ATB Cormark Capital Markets analyst Richard Gray reiterated a Buy rating on Equinox Gold Corp. (NYSEAMERICAN:EQX) while increasing the price target. The analyst raised the firm’s price target on the stock from $20.4 to $21.11. The revised price target implies an impressive 108% upside from current levels. The firm’s adjusted price target is close to the median Wall Street analysts’ price target of $21.83.
Earlier, on June 25, Equinox Gold Corp. (NYSEAMERICAN:EQX) announced that it has secured 20-year land access agreements with the three communities surrounding its Los Filos Mine in Mexico. This allows the company to move forward with a gradual restart of heap leach operations. It will also continue technical studies to assess expansion opportunities, including a carbon-in-leach (“CIL”) processing facility.
Chief Executive Officer of Equinox Gold, Darren Hall, remarked:
We appreciate the constructive engagement with the communities of Carrizalillo, Mezcala, and Xochipala that host our multi-million-ounce Los Filos Mine. These new 20-year agreements reflect a shared commitment to responsible operations and sustainable benefits over time and provide an important foundation for strengthening our long-term relationship with the communities and fostering an environment that supports future investment and long-term value creation.
Equinox Gold Corp. (NYSEAMERICAN:EQX) is involved in the exploration, operation, acquisition, and development of mineral properties in the Americas. It mainly explores silver and gold deposits. The company was founded in 2007 and is based in Vancouver, Canada.
9. Equitable Holdings Inc. (NYSE:EQH)
Number of Hedge Fund Holders: 42
Alex Scott of Barclays reaffirmed a Buy rating on Equitable Holdings Inc. (NYSE:EQH) along with the price target of $51 on June 22. The firm’s price target implies a further 15% upside from current levels. This price target matches the lowest Wall Street price target among 15 analysts covering the stock.
On a bullish note, UBS analyst Michael Ward CFA raised the firm’s price target on Equitable Holdings Inc. (NYSE:EQH) from $58 to $63 while keeping a Buy rating on the shares. The analyst cited stronger-than-expected asset growth and improving investment performance, which he believes will support higher earnings. He also said that the company’s assets under management have recovered significantly despite the recent retail outflows. This has brought the combined business close to $1 trillion in assets.
Moreover, Michael Ward highlighted the expected benefits of the planned merger with CRBG. According to the analyst, the deal will increase Equitable Holdings’ scale, attract a broader investor base, and enhance its chances of joining major stock indexes. Despite concerns over execution, he expects the company to achieve its planned $500 million in cost savings.
Equitable Holdings Inc. (NYSE:EQH) is a financial services holding company, operating in the following segments: Individual retirement, group retirement, investment management and research, protection solutions, and wealth management. The company is based in New York, New York and was founded in 1859 by Henry B. Hyde.
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