5 Undervalued Cyclical Stocks To Buy Now

2. Burlington Stores, Inc. (NYSE:BURL)

Latest Share Price Upside: 35%

Analyst Average Share Price Target: $208

Burlington Stores, Inc. (NYSE:BURL) is a clothing retailer that sells products in the U.S. and Puerto Rico. Inflation and a tough consumer environment have dented the firm’s financial performance, as it has missed analyst EPS estimates in two out of its four latest quarters.

After digging through 910 hedge fund holdings for their second quarter of 2023 shareholdings, Insider Monkey found out that 41 had held a stake in the company. Out of these, Burlington Stores, Inc. (NYSE:BURL)’s largest stakeholder is Jim Simons’ Renaissance Technologies since it owns $159 million worth of shares.

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