5 Cheap Stocks to Buy Before Christmas

3. The Container Store Group, Inc. (NYSE:TCS)

Number of Hedge Fund Holders: 21    

Share Price as of November 4, 2021: $13.64

The Container Store Group, Inc. (NYSE:TCS) recently posted earnings for the second fiscal quarter, reporting earnings per share of $0.54, beating estimates by $0.25. The revenue over the period was $275 million, up 11% year-on-year. The company operates in the retail sector and markets storage and organization products. The stock stands to benefit from the increase in retail sales over the next few months.

Despite solid fundamentals and upcoming growth catalyst, the short interest on The Container Store Group, Inc. (NYSE:TCS) stock remains high at over 14%. Over the past year, the shares have returned more than 43% to investors. 

At the end of the second quarter of 2021, 21 hedge funds in the database of Insider Monkey held stakes worth $296 million in The Container Store Group, Inc. (NYSE:TCS), up from 18 in the previous quarter worth $362 million.