Abrams Capital 13F: 5 Best Value Stocks To Buy

1. Tempur Sealy International, Inc. (NYSE:TPX)

Number of Hedge Fund Holders: 39
PE Ratio as of October 10: 17.59

Tempur Sealy International, Inc. (NYSE:TPX) is a company that produces and sells various types of mattresses, pillows, bedding, and other sleep products. The company operates under several brands, such as Tempur-Pedic, Sealy, Stearns & Foster, and Cocoon by Sealy.

Tempur Sealy International, Inc. (NYSE:TPX) is considered a value stock as it trades at a lower price-to-earnings ratio (P/E) of 17.59, and a reduced price-to-book ratio (P/B) of 1.18. These metrics highlight TPX’s undervaluation, signaling growth potential.

David Abrams’ Abrams Capital Management holds 3.60 million shares in Tempur Sealy International, Inc. (NYSE:TPX), worth over $144.25 million. This represents 4.14% of their portfolio. Robert Joseph Caruso’s Select Equity Group is the most significant shareholder of the company, with stakes worth $798.17 million.

According to Insider Monkey’s database for Q2 2023, 39 hedge funds reported having stakes in Tempur Sealy International, Inc. (NYSE:TPX), down from 40 in the previous quarter.

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