5 Best Depressed Stocks To Buy Now

Page 5 of 5

1. Container Store Group Inc. (NYSE:TCS)

Number of Hedge Fund Holders: 18

The Container Store Group, Inc. (NYSE:TCS) is a US-based retailer of storage and organization products operating in two segments – The Container Store and Elfa. They offer over 11,000 products to customers. The company’s stock price had a 52-week high of $8.93 and a 52-week low of $3.49. Currently, the stock price is -150.84% from its 52-week high and 1.97% from its 52-week low. Over the past month, the stock price decreased by 20.68%. The Container Store Group, Inc. (NYSE:TCS) tops the list of 10 best depressed stocks to buy now.

The Container Store Group, Inc. (NYSE:TCS) has a consensus rating of ‘Moderate Buy’ which is based on 1 buy ratings, 0 hold ratings and 0 sell ratings. The Container Store Group, Inc. (NYSE:TCS)’s price-earnings (P/E) ratio is currently at 3.67x, which is low compared to the Retailers – Miscellaneous Specialty industry median of 18x.

Hedge funds are loading up on Container Store Group Inc. (NYSE:TCS), as Insider Monkey’s data shows that 18 hedge funds held a stake in the company as of the end of the Q4 2022, compared to 16 funds at the end of the previous quarter. Leonard Green & Partners is the most notable stakeholder of Container Store Group Inc. (NYSE:TCS) as of Q4 2022, with 15.51 million shares worth $66.84 million.

Follow Container Store Group Inc. (NSE:TCS)

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get  the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out our articles on 13 Small Publicly Traded Semiconductor Companies on the Verge of Big Gains and 10 Hot Growth Stocks To Buy Now.

Page 5 of 5