5 Oversold MidCap Stocks To Buy Now

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1. VinFast Auto Ltd. (NASDAQ:VFS)

Number of Q4 2023 Hedge Fund Shareholders: 7

Latest RSI Score: 14.64

VinFast Auto Ltd. (NASDAQ:VFS) is a Vietnamese firm that makes and sells electric scooters. The shares tanked a whopping 30% in April 2024 after a disastrous first quarter report posted gross and operating losses alongside limited cash that indicated a capital raise might be necessary to ensure that VinFast Auto Ltd. (NASDAQ:VFS) remains operational.

Seven out of the 933 hedge funds surveyed by Insider Monkey were VinFast Auto Ltd. (NASDAQ:VFS)’s shareholders during Q4 2023, making it the least favored stock among hedge funds on our list.

Follow Vinfast Auto Ltd.

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