5 Oversold Value Stocks To Buy

In this piece, we will take a look at five oversold value stocks to buy. If you want to take a look at our introduction to value investing and oversold stocks, then take a look at 10 Oversold Value Stocks To Buy.

5. Marriott Vacations Worldwide Corporation (NYSE:VAC)

Latest 14 Day RSI Score: 22.96

Marriott Vacations Worldwide Corporation (NYSE:VAC) is an American firm that provides vacation products through several popular brands such as Ritz-Carlton and Sheraton. Its second quarter earnings report marked a wide EPS miss over consensus estimates but despite this, the shares are rated Strong Buy on average.

25 of the 943 hedge funds part of Insider Monkey’s Q1 2023 database had invested in Marriott Vacations Worldwide Corporation (NYSE:VAC).  Richard Mashaal’s Rima Senvest Management is the biggest hedge fund investor courtesy of an investment worth $250 million.

4. Liberty Media Corporation Series A Liberty SiriusXM Common Stock (NASDAQ:LSXMA)

Latest 14 Day RSI Score: 22.54

Liberty Media Corporation Series A Liberty SiriusXM Common Stock (NASDAQ:LSXMA) is a subsidiary of the Liberty Media Corporation. It operates a satellite radio network and offers other services such as traffic management, video streaming, weather monitoring, and more.

After digging through 943 hedge funds for this year’s first quarter, Insider Monkey discovered that 42 had held a stake in the company. Out of these, Liberty Media Corporation Series A Liberty SiriusXM Common Stock (NASDAQ:LSXMA)’s largest investor is Warren Buffett’s Berkshire Hathaway with a stake worth $1.2 billion.

3. First Wave BioPharma, Inc. (NASDAQ:FWBI)

Latest 14 Day RSI Score: 19.97

First Wave BioPharma, Inc. (NASDAQ:FWBI) is a biotechnology firm that develops treatments for digestive system disorders and diseases. In a letter to shareholders released in July, the firm’s CEO shared that its trials of a pancreas drug are proceeding smoothly and if the drug is successful then it will play in a $2.2 billion market.

During March 2023, only one hedge fund out of the 943 funds part of Insider Monkey’s database had bought First Wave BioPharma, Inc. (NASDAQ:FWBI)’s shares. This lone investor is Steven Boyd’s Armistice Capital which owns $240,814 worth of company shares.

2. Assertio Holdings, Inc. (NASDAQ:ASRT)

Latest 14 Day RSI Score: 18.23

Assertio Holdings, Inc. (NASDAQ:ASRT) is a drug company that sells treatments for arthritis, migraines, and other diseases that generally cause severe pain. Its second quarter of 2023 earnings results missed analyst EPS estimates by a hairline but BWS Financial kept the stock’s rating at a Buy in August 2023.

By the end of this year’s first quarter, 19 of the 943 hedge funds polled by Insider Monkey had held a stake in the company. Assertio Holdings, Inc. (NASDAQ:ASRT)’s largest hedge fund shareholder is Jim Simons’ Renaissance Technologies with a $12.8 million investment.

1. Cambium Networks Corporation (NASDAQ:CMBM)

Latest 14 Day RSI Score: 18.13

Cambium Networks Corporation (NASDAQ:CMBM) is a technology company that sells networking products. Like several other technology firms, it missed Q2 2023 analyst EPS estimates by a wide margin. However, Northland, Oppenheimer, Raymond James, and JMP Securities kept the stock’s  rating at Outperform in August 2023.

11 of the 943 hedge funds part of Insider Monkey’s Q1 2023 survey had owned Cambium Networks Corporation (NASDAQ:CMBM)’s shares. Orin Hirschman’s AIGH Investment Partners is the largest investor with a $9.4 million stake.

Disclosure: None. You can also take a look at 15 Most Valuable Canadian Companies and 10 Most Profitable Small Businesses in 2023.

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