7 Undervalued Healthcare Stocks Being Bought Up By Hedge Funds
By Kapitall:Do you consider yourself a value investor, always looking for underestimated and potentially undervalued stocks? For ideas on how to start your own value search, we ran a screen.We began by screening for stocks that appear to be undervalued relative to earnings growth, with PEG below 1.We then screened for those with bullish sentiment from institutional investors, with significant net institutional purchases over the last quarter representing at least 5% of share float. This indicates that institutional investors such as hedge fund managers and mutual fund managers expect these names to outperform.
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Do you think hedge funds are calling it right on these names? Use this list as a starting point for your own analysis.List sorted by net institutional purchases over the last quarter as a percent of share float.1. Almost Family Inc. (AFAM): Provides home health services in the United States. MarketComplete Story »