5 Best Cheap Stocks To Buy For Long Term

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1. First Citizens BancShares, Inc. (NASDAQ:FCNCA)

Latest Price To Earnings Ratio: 7.75

Number of Hedge Fund Investors In Q3 2023: 46

First Citizens BancShares, Inc. (NASDAQ:FCNCA) is a regional bank headquartered in Raleigh, North Carolina. The bank has had a busy November, as it has been arranging financing and credit for firms in the healthcare, energy, and healthcare industries.

As of Q3 2023 end, 46 out of the 910 hedge funds tracked by Insider Monkey had held a stake in First Citizens BancShares, Inc. (NASDAQ:FCNCA). Natixis Global Asset Management’s Harris Associates is the largest shareholder among these due to its $681 million stake.

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Disclosure: None. You can also take a look at Citadel Stock Holdings: 12 Biggest Energy Stocks and 23 Richest Countries in Asia by GDP Per Capita in 2023.

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