Investors continue to flock to low-cost tech businesses with “faster-than-average” profit growth. More than $2 billion was taken out of technology mutual and exchange-traded funds between September and November. According to EPFR tracker, individual growth opportunities are still available. Institutional investors have rushed into value-oriented sectors like utilities, healthcare, and consumer goods, according to EPFR statistics. As the market for cheap stocks reaches new highs, retail investors are looking for bargains. The retail investor strategy is diametrically opposed to the institutional investor strategy.
Here is Insider Monkey’s list of the 10 very stocks to buy right now. Diebold Nixdorf, Incorporated released third-quarter earnings in late October. The company operates in two segments: banking and retail. Beach Point Capital Management is a major stakeholder with 4.9 million shares valued at more than $49 million. ChargePoint Holdings, Inc. reported revenue of more than $65 million, up 78 percent over the previous year. The stock of BlackBerry Limited has risen this year, returning 32% to investors since January. The majority of this growth can be attributed to Reddit and Robinhood’s interest in the brand. With 46 million shares valued at more than $454 million, Fairfax Financial Holdings is the largest stakeholder. Vonage, an American cloud communications provider, has been acquired by Telefonaktiebolaget LM Ericsson (publ). 21 hedge funds in Insider Monkey’s database had positions in Ericsson worth $227 million at the end of the third quarter of 2021. Morgan Stanley’s top selections for 2022 were released on December 8, and the company was included on the list. The bank attributed the positive forecast to increased margins and 5G spending. 22 hedge funds had interests in Nokia Corporation worth $388 million at the end of the third quarter of 2021. For more details, click 10 Very Cheap Stocks To Buy Right Now.