Top 5 Extreme Value Stocks To Buy Now

2. Atkore Inc. (NYSE:ATKR)

Number of Hedge Fund Holders: 27

Atkore Inc. (NYSE:ATKR) is headquartered in Harvey, Illinois, and the company engages in the manufacture and sale of electrical, safety, and infrastructure products in the United States and internationally. Atkore Inc. (NYSE:ATKR) offers conduits, cables, and installation accessories. It is one of the premier extreme value stocks to invest in. 

On November 18, Atkore Inc. (NYSE:ATKR) reported a FQ4 non-GAAP EPS of $5.52 and a revenue of $1.03 billion, topping Wall Street estimates by $0.44 and $48.2 million, respectively. The company provided a long-term fiscal 2025 adjusted net income per diluted share target of more than $18. 

RBC Capital analyst Deane Dray on November 21 raised the price target on Atkore Inc. (NYSE:ATKR) to $136 from $110 and maintained an Outperform rating on the shares.

Among the hedge funds tracked by Insider Monkey, Atkore Inc. (NYSE:ATKR) was part of 27 public stock portfolios at the end of the third quarter of 2022, and Jeffrey Gates’ Gates Capital Management is the largest position holder in the company, with 1.11 million shares worth $86.4 million. 

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