5 Cheap Penny Stocks to Buy According to Hedge Funds

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1. DISH Network Corp (NASDAQ:DISH)

Number of Hedge Fund Investors: 32

DISH Network Corp (NASDAQ:DISH) tops our list of the undervalued and cheap penny stocks popular among hedge funds. The stock has a PE ratio of about 2.37.

A total of 32 hedge funds in Insider Monkey’s database had stakes in DISH Network Corp (NASDAQ:DISH).

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also look at the 12 Cheap Penny Stocks to Buy According to Hedge Funds, and the 10 Cheap Penny Stocks To Buy Now.

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