5 Most Promising Low-Cost Stocks According to Analysts

2. Southwestern Energy Company (NYSE:SWN)

Number of Hedge Fund Holders: 51

One-Year Price Target: $8.84

Energy company Southwestern Energy Company (NYSE:SWN)’s shares have gained about 12% over the past 12 months. Southwestern Energy Company (NYSE:SWN) is under pressure as natural gas prices decline. However, Southwestern Energy Company (NYSE:SWN)’s bulls believe natural gas prices will come out of this decline as demand will shoot in the coming months. In January, Wells Fargo analyst Roger Read started covering Southwestern Energy Company (NYSE:SWN) with an Equal Weight rating and a $6.50 price target. The analyst praised Southwestern Energy Company (NYSE:SWN)’s efforts to build gas resources and its related acquisitions. However, oversupply in the natural gas market caused the analyst to take a “neutral stance.”

Hedge funds are bullish on Southwestern Energy Company (NYSE:SWN). A total of 51 hedge funds tracked by Insider Monkey reported having stakes in the natural gas company, up from 47 hedge funds in the previous quarter.