5 Most Undervalued Dow Stocks To Buy According To Hedge Funds

3. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Investors In Q2 2023: 92

Latest P/E Ratio: 22.22

The Walt Disney Company (NYSE:DIS) is an entertainment company fraught with problems these days. Not only have ESPN+ subscribers started to drop, but the firm’s latest film releases haven’t done so well due to what some believe is ‘superhero fatigue’.

Insider Monkey profiled 910 hedge funds for their second quarter of 2023 shareholdings and found out that 92 had invested in The Walt Disney Company (NYSE:DIS). Out of these, the firm’s largest investor is Ken Fisher’s Fisher Asset Management through its $580 million investment.

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