In this article we are going to take a look at the 5 cheap stocks to buy now, based on Insider Monkey’s latest article. Under these difficult market circumstances, it’s really not easy to track the cheap and truly valuable stocks. COVID-19 made its great impact on every each of field of life. Both on market, economy, industries and people’s life. Around half a million of people are reported to have died due to the pandemic in the United States alone. Nearly 22 million people have lost their jobs so far, yet the S&P 500 index is up 62% over the last 12 months.
So which are the best cheap stocks to buy according to Insider Monkey? Keep up reading and you will gain more information about them, as we have brought three companies from their compilation. BRF S.A. ranks fifth on the list. It’s a Brazilian company and is engaged in food having several brands, such as Qualy, Sadia, Paty, Dánica, Perdigão and Bocatti. In the last twelve months the company has rocketed by 62%. In December 2020, the company announced an expansion in Saudi Arabia, Turkey, North America and various Asian countries in the next ten years, so its shares have rallied since then. According to Inside Monkey’s database, there were 10 hedge funds in the third quarter of 2020, while in the next one there were 11 funds. BRF S.A. is followed by DHT Holdings, Inc on the fourth spot. It’s an oil tanker company and its shares have gone up with 13% in the past twelve months. The firm offers a dividend yield of around 3%. Earlier this year, the company bought two VLCCs built-in 2016 at DSME (Daewoo) for $136 million. Qurate Retail Inc stands on the second spot. The media company Qurate Retail is involved in video and e-commerce industries. Its subsidiaries comprise Home Shopping Network (HSN) and QVC, Inc. Zulily. In January, the company started YouTube TV streaming service. Through its 1313 broadcast networks, QVC reaches 380 million homes worldwide. FPR Partners is among the largest stakeholders in Qurate Retail with owning $172.99 million stake in the firm at the end of December 2020. Insider Monkey tracked 36 hedge funds in Qurate in the fourth quarter of 2020, while there were 41 funds in the previous one. For more useful and interesting information about the 10 cheap stocks to buy now, please click and see the original article.
