5 Most Undervalued Cybersecurity Stocks To Buy According To Hedge Funds

2. Hewlett Packard Enterprise Company (NYSE:HPE)

Number of Hedge Fund Holders: 37

Hewlett Packard Enterprise Company (NYSE:HPE) is one of the best undervalued cybersecurity stocks to buy according to hedge funds. Hewlett Packard Enterprise Company (NYSE:HPE) offers several cybersecurity solutions. Its GreenLake platform for Cloud security is getting a lot of popularity. Hewlett Packard Enterprise Company (NYSE:HPE)’s PE ratio as of June 30 stands at 21.70.

As of the end of the first quarter of 2023, 37 hedge funds tracked by Insider Monkey had stakes in Hewlett Packard Enterprise Company (NYSE:HPE). The biggest hedge fund stakeholder of Hewlett Packard Enterprise Company (NYSE:HPE) was Richard S. Pzena’s Pzena Investment Management which owns a $208 million stake in the company.