5 Oversold Growth Stocks to Buy Right Now

2. Ziff Davis, Inc. (NASDAQ:ZD)

14-day RSI as of April 5: 20.05

Latest Trailing P/E Ratio: 65.41

Number of Hedge Fund Holders: 19

New York-based Ziff Davis, Inc. (NASDAQ:ZD) is a vertically focused digital media and internet company whose portfolio includes leading brands in technology, shopping, gaming and entertainment, connectivity, health, cybersecurity, and martech.

On February 21, Ziff Davis, Inc. (NASDAQ:ZD) released its financial results for Q4 2023. Its generated a revenue of $390 million and a net income of $63 million. Its normalized EPS of $2.33 surpassed consensus estimates by $0.02.

As of Q4 2023, Ziff Davis, Inc. (NASDAQ:ZD) shares were owned by 19 leading hedge funds tracked by Insider Monkey, for a total value of $249 million. Chuck Royce’s Royce & Associates was the largest shareholder with ownership of 1.5 million shares valued at $102 million.