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Is Grupo Aval Acciones y Valores S.A. (AVAL) Among the Best Bank Penny Stocks to Buy According to Hedge Funds?

The article from MSN Money discusses whether Grupo Aval Acciones y Valores S.A. (NYSE: AVAL) is among the best bank penny stocks to buy, based on hedge fund investments. Grupo Aval, a Colombian financial conglomerate, has seen its stock price decline by 10.6% over the past year, yet it remains a subject of interest due to its low price-to-earnings ratio of 10.1x, suggesting potential undervaluation. Hedge funds have shown some interest, with 10 funds holding positions in AVAL as of the end of the third quarter, although this number has decreased from previous periods. The article also mentions other penny stocks in the banking sector like Banco Santander (Brasil) S.A. and Banco Bradesco S.A., which have attracted more hedge fund attention. Despite Grupo Aval's challenges, including a significant drop in stock value, its diversified operations across banking, telecommunications, and real estate might still make it an intriguing option for investors looking at penny stocks with potential for growth or turnaround.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/is-grupo-aval-acciones-y-valores-s-a-aval-among-the-best-bank-penny-stocks-to-buy-according-to-hedge-funds/ar-BB1rePGn ]