5 Oversold Financial Stocks to Buy

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In this piece, we will take a look at five oversold financial stocks to buy. If you want to take a look at what’s been happening in the finance industry lately, then head on over to 10 Oversold Financial Stocks to Buy.

5. Affiliated Managers Group, Inc. (NYSE:AMG)

Number of Hedge Fund Investors in Q1 2023: 37

Latest 14-Day RSI Reading: 32.19

Affiliated Managers Group, Inc. (NYSE:AMG) is an American investment management and counseling firm with an operational presence in most of the world’s financial centers across Europe, Asia, and Oceania. The firm has been doing well as of late, surpassing analyst EPS estimates in four of its latest quarters, including the one that ended in July.

During March 2023, 37 of the 943 hedge funds part of Insider Monkey’s database had invested in the firm. John W. Rogers’ Ariel Investments is Affiliated Managers Group, Inc. (NYSE:AMG)’s biggest shareholder, through its $155 million investment.

Follow Affiliated Managers Group Inc. (NYSE:AMG)

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