5 Cheap Stocks to Buy Today According to Media

In this article, we will take a look at the 5 cheap stocks to buy today according to media. To see more such companies, go directly to 13 Cheap Stocks to Buy Today According to Media.

5. MSCI Inc. (NYSE:MSCI)

Number of Hedge Fund Holders: 51

Finance company MSCI Inc. (NYSE:MSCI) ranks 5th in our list of the cheap stocks to buy according to the media. Recently, Argus started covering MSCI Inc. (NYSE:MSCI) with a Buy rating. Among the catalysts for MSCI Inc. (NYSE:MSCI) according to Argus include the rise of passive investing, ESG and climate-based investing in developed and emerging economies.

Out of the 910 hedge funds in Insider Monkey’s database, 51 hedge funds had stakes in MSCI Inc. (NYSE:MSCI) as of the end of the second quarter. The biggest stakeholder of MSCI Inc. (NYSE:MSCI) was Henry Ellenbogen’s Durable Capital Partners which owns a $318 million stake in the company.

Here is what Carillon Eagle Mid Cap Growth Fund has to say about MSCI Inc. (NYSE:MSCI) in its Q2 2023 investor letter:

“MSCI provides investment decision support tools to investment institutions worldwide. The stock underperformed in the period as investors focused on the sales slowdown of MSCI’s environmental, social, and governance (ESG) and climate-related business. While we expect this business unit to continue to slow from very high growth rates, we remain comfortable with the strength of the overall MSCI franchise.”