5 Best Value Stocks to Invest In

In this article, we discuss the 5 best value stocks to invest in. If you want to read our detailed analysis of these stocks, go directly to the 15 Best Value Stocks to Invest In.

5. MPLX LP (NYSE: MPLX)

Number of Hedge Fund Holders: 8
PE Ratio: 11.18   

MPLX LP (NYSE: MPLX) is an Ohio-based energy infrastructure and logistics firm. It is placed fifth on our list of 15 best value stocks to invest in. The company’s shares have returned 52% to investors in the past twelve months. In earnings results for the first quarter, posted on May 4, the firm reported earnings per share of $0.68, beating market predictions by $0.06. The revenue over the period was $2.3 billion, up 135% compared to the revenue over the same period last year and beating market estimates by $200 million. 

On July 26, investment advisory Citi reiterated a Buy rating on MPLX LP (NYSE: MPLX) stock and raised the price target to $32 from $27. Timm Schneider, an analyst at the firm, noted that the updated valuation reflected commodity price data. 

At the end of the first quarter of 2021, 8 hedge funds in the database of Insider Monkey held stakes worth $136 million in MPLX LP (NYSE: MPLX), down from 13 the preceding quarter worth $142 million.

In its Q1 2021 investor letter, Miller/Howard Investments, an asset management firm, highlighted a few stocks and MPLX LP (NYSE: MPLX) was one of them. Here is what the fund said:

“Lastly, we added MPLX LP (MPLX) in the with-MLP version. MLPX pays a high dividend and is cheap relative to similar pipeline companies… We increased our weight in MPLX LP (MPLX) which provides exposure to Permian volumes and northeast natural gas volumes. In addition, the company’s FCF yield was above the portfolio’s FCF yield.”