5 Best Value Stocks to Buy Now According to Vinit Bodas’ Deccan Value Investors

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1. Otis Worldwide Corporation (NYSE:OTIS)

Deccan Value Investors Stake Value: $375,880,000
Percentage of Deccan Value Investors’ 13F Portfolio: 14.87%
Number of Hedge Fund Holders: 46

Otis Worldwide Corporation (NYSE:OTIS) is an American firm that designs, manufactures, and sells escalators, elevators, moving walkways, and other related products. Among the hedge funds being tracked by Insider Monkey, Nicolai Tangen’s Ako Capital is a leading shareholder in Otis Worldwide Corporation (NYSE:OTIS) with 4.80 million shares worth more than $394.57 million.

In October, Wells Fargo analyst Joseph O’Dea initiated coverage of Otis Worldwide Corporation (NYSE:OTIS) with an “Underweight” rating and gave a price target of $72, citing his stance as a value call with flexibility on China real estate market uncertainty.

Overall, hedge funds are loading up on Otis Worldwide Corporation (NYSE:OTIS), as 46 out of the 867 funds tracked by Insider Monkey held stakes in the company, compared to 45 funds a quarter earlier.

You can also take a peek at 10 Best Clean Energy Penny Stocks To Buy Now and 10 Best Stocks To Buy According To Terry Smith’s Fundsmith LLP

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