5 Undervalued Mid Cap Stocks To Buy

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1. DexCom, Inc. (NASDAQ:DXCM)

Share Price Upside: 73%

DexCom, Inc. (NASDAQ:DXCM) provides healthcare products for people suffering from diabetes. It marks a strong finish to our list of the best midcap value stocks, as not only does the stock have a massive 73% upside based on the average share price target, but analysts have also rated it as Strong Buy on average.

58 out of the 910 hedge funds part of Insider Monkey’s Q2 2023 database had invested in DexCom, Inc. (NASDAQ:DXCM). Israel Englander’s Millennium Management is the largest shareholder among these as it owns a $244 million stake that comes courtesy of 1.9 million shares.

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Disclosure: None. You can also take a look at 16 Best Growth Stocks To Buy According To Hedge Funds and 12 Best Clean Laundry Detergent Brands.

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