5 Best Mid-Cap Value Stocks to Buy Now

In this piece, we will take a look at the five best mid-cap value stocks to buy now. If you want to take a deeper look at the basics of mid-cap and fundamental investing, then check out 13 Best Mid-Cap Value Stocks to Buy Now.

5. Crown Holdings, Inc.’s (NYSE:CCK)

Number of Hedge Fund Investors in Q2 2023: 41

Crown Holdings, Inc.’s (NYSE:CCK) is a packaging products company that primarily sells cans to the beverage industry. The firm expanded its beverage can production portfolio in October after it completed an acquisition of a German can company.

During Q2 2023, 41 out of the 910 hedge funds part of Insider Monkey’s database were Crown Holdings, Inc.’s (NYSE:CCK) ‘s investors. Lauren Taylor Wolfe’s Impactive Capital is the largest shareholder among these, owning 2.9 million shares that are worth $256 million.

4. Toll Brothers, Inc. (NYSE:TOL)

Number of Hedge Fund Investors in Q2 2023: 44

Toll Brothers, Inc. (NYSE:TOL) is an American home building company that primarily targets luxury properties. A surge in the home building industry over the past year or so has helped the firm as it has beaten analyst EPS estimates in all four of its latest quarters.

As of June 2023, 44 out of the 910 hedge funds surveyed by Insider Monkey were the home builder’s shareholders. Toll Brothers, Inc. (NYSE:TOL)’s biggest hedge fund investor is Edgar Wachenheim’s Greenhaven Associates due to a $437 million stake.

3. Chesapeake Energy Corporation (NASDAQ:CHK)

Number of Hedge Fund Investors in Q2 2023: 44

Chesapeake Energy Corporation (NASDAQ:CHK) is an American oil and gas exploration and production company with a presence in Pennsylvania and Louisiana. The firm’s shares might be in for some action over the coming months as natural gas futures soared to $3 in October due to dropping U.S. inventories.

By the end of this year’s second quarter, 44 out of the 910 hedge funds polled by Insider Monkey had held a stake in Chesapeake Energy Corporation (NASDAQ:CHK). Out of these, the largest shareholder is Howard Marks’ Oaktree Capital Management since it owns $615 million worth of shares.

2. Jabil Inc. (NYSE:JBL)

Number of Hedge Fund Investors in Q2 2023: 44

Jabil Inc. (NYSE:JBL) is a technology company that helps electronics firms design, develop, and produce their products. Its shares are rated Strong Buy on average, and analysts have penned in a $6 upside through an average share price target of $142.29.

After digging through 910 hedge holdings for 2023’s June quarter, Insider Monkey discovered that 44 were the company’s investors. Jeffrey Jacobowitz’s Simcoe Capital Management owns the biggest stake among these, which is worth $123 million.

1. Tenet Healthcare Corporation (NYSE:THC)

Number of Hedge Fund Investors in Q2 2023: 74

Tenet Healthcare Corporation (NYSE:THC) is a healthcare company that operates hospitals and other healthcare establishments. It expanded its digital operations base in September after inking a deal with Oracle to introduce better systems for payroll and employee management.

By the end of Q2 2023, 74 out of the 910 hedge funds part of Insider Monkey’s research had invested in Tenet Healthcare Corporation (NYSE:THC). Out of these, the largest shareholder is Larry Robbins’ Glenview Capital since it owns 6.4 million shares that are worth $526 million.

Disclosure: None. You can also take a look at 16 Best Growth Stocks To Buy According To Hedge Funds and 10 Best Commodity ETFs.

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