5 Most Profitable Cheap Stocks To Buy

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In this piece, we will take a look at the five most profitable cheap stocks to buy. If you want to learn more about how stock valuations have been shaken up in 2023, then take a look at 12 Most Profitable Cheap Stocks To Buy.

5. Chesapeake Energy Corporation (NASDAQ:CHK)

Latest TTM Net Income: $5.3 billion

Latest P/E Ratio: 2.05

Chesapeake Energy Corporation (NASDAQ:CHK) is an American oil and gas exploration and production company headquartered in Oklahoma City, Oklahoma. The firm has beaten analyst EPS estimates in all four of its latest quarters and the stock is rated Buy on average.

Insider Monkey’s Q3 2023 survey of 910 hedge funds revealed that 45 had bought a stake in Chesapeake Energy Corporation (NASDAQ:CHK). Howard Marks’ Oaktree Capital Management was the largest investor among these due to its $603 million stake.

Follow Expand Energy Corp (NYSE:EXE)

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