5 Undervalued Cyclical Stocks To Buy Now

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1. Cavco Industries, Inc. (NASDAQ:CVCO)

Latest Share Price Upside: 42%

Analyst Average Share Price Target: $374

Cavco Industries, Inc. (NASDAQ:CVCO) builds and sells recreational vehicles, pre built homes, and other products. Its shares are rated Strong Buy on average and inflationary pressures made the firm’s revenue drop during its second quarter.

20 out of the 910 hedge funds part of Insider Monkey’s Q2 2023 database have invested in Cavco Industries, Inc. (NASDAQ:CVCO). Out of these, the firm’s biggest investor is Richard Scott Greeder’s Broad Bay Capital since it owns 357,886 shares that are worth $105 million.

Follow Cavco Industries Inc. (NASDAQ:CVCO)

Disclosure: None.  You can also take a look at 11 Most Undervalued Bank Stocks To Buy According To Wall Street Analysts and Ken Fisher’s Top 15 Healthcare Stock Picks.

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