5 Best Cheap Stocks To Buy For Long Term

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In this piece, we will take a look at the five best cheap stocks to buy now for the long term. If you want to learn more about value stocks, then read 11 Best Cheap Stocks To Buy For Long Term.

5. New York Community Bancorp, Inc. (NYSE:NYCB)

Latest Price To Earnings Ratio: 6.92

Number of Hedge Fund Investors In Q3 2023: 35

New York Community Bancorp, Inc. (NYSE:NYCB) is a regional bank headquartered in Hicksville, New York. After a regional banking crisis in March created troubles for the sector, New York Community Bancorp, Inc. (NYSE:NYCB) is also currently dealing with a lot of bad loans in the commercial and office real estate space.

35 out of the 910 hedge funds polled by Insider Monkey during Q3 2023 had invested in New York Community Bancorp, Inc. (NYSE:NYCB). Out of these, the largest investor was Irving Kahn’s Kahn Brothers through its $71.3 million stake.

Follow Flagstar Financial Inc. (NYSE:NYSE:FLG)

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