5 Best Prison and Law Enforcement Stocks To Buy Now

2. Leidos Holdings, Inc. (NYSE:LDOS)

Number of Hedge Fund Holders: 29

Leidos Holdings, Inc. (NYSE:LDOS) is a Reston, Virginia-based provider of artificial intelligence, data analytics, and machine learning solutions to law enforcement agencies. The company is also a leading provider of people screening solutions at security checkpoints. Leidos Holdings, Inc. (NYSE:LDOS) is playing an integral role in the digital transformation of the services of UK police.

The company concentrates on securing sizable civil and government contracts. Due to Leidos Holdings, Inc.’s (NYSE:LDOS) substantial backlog of orders, revenue is highly predictable. Experts believe that the company is in a position to experience stability in profit margins over the coming quarters as projects start to move into the maturity phase. Analysts think Leidos Holdings, Inc. (NYSE:LDOS) is one of the best prison stocks as it is trading at a forward P/E ratio of 15, reflecting a discount of 5% to its 5-year average. The stock also offers a modest dividend yield of 1.50% as of October 27.

Of the 895 hedge funds in Insider Monkey’s database, Leidos Holdings, Inc. (NYSE:LDOS) was held by 29 funds as of Q2 2022.