15 Stocks with Buy Ratings that Hedge Funds Love

10. Burlington Stores, Inc. (NYSE:BURL)

No. of Hedge Funds: 52

Value of the hedge funds: $2.85 billion

Burlington Stores, Inc. (NYSE:BURL) is a national off-price retailer engaged in the business of selling apparel, footwear, home décor, and accessories at discounted prices. The company operates from its headquarters in New Jersey and has over 900 stores. Through these stores, the company targets value-conscious consumers across the U.S. It competes with TJX Companies, Ross Stores, and Kohl’s for market share. The company increases its customer base by limiting e-commerce exposure and focusing on in-store treasure-hunt experiences. It is among the stocks with Buy ratings.

Burlington Stores, Inc. (NYSE:BURL) has drawn $2.85 billion in hedge fund investments from 52 firms, indicating strong institutional confidence, according to Insider Monkey’s Q4 2024 database. The company surpassed its guidance of 0% to 2% by achieving a strong 6% increase in comparable store sales. It has also realized an 11% increase in total sales year-over-year. In line with its long-term growth strategy, Burlington Stores successfully opened 101 new stores in 2024. Their revenue contribution is expected to grow further in 2025. Specifically, for the fiscal year 2025, the company anticipates 6-8% total sales growth, which translates positively among shareholders and analysts alike.

Despite a moderate 2.44% EPS growth across five years, Burlington Stores, Inc. (NYSE:BURL) has gained a Strong Buy rating from analysts, suggesting high expectations of a retail rebound, which would benefit investors looking to redesign their portfolios.