5 Undervalued Mid-Cap Stocks To Buy

1. XPO, Inc. (NYSE:XPO)

PE Ratio: 4.96

Number of Hedge Funds Having Stakes in the Company: 37

XPO is an American transportation and logistics company. The stock has gained about 30% in value over the past six months. Its PE ratio stands at 4.9 as of January 12. A total of 37 hedge funds tracked by Insider Monkey reported having stakes in XPO, Inc. (NYSE:XPO) as of the end of the third quarter.

In December, XPO said it does not plan to divest its European business in the near term.

Here is what Argosy Investors has to say about XPO Logistics, Inc. (NYSE:XPO) in its Q1 2022 investor letter:

“XPO experienced once-in-a-generation demand for its LTL and brokerage services during an extremely tight freight market, and we are already beginning to see weakness in the freight market. We sold in advance of what we expect to be some weakness in the LTL market.”

You can also take a peek at Top Stocks in Each Sector and Dow 30 Stocks List 2022.