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Many Hedge Funds Bought Up This Stock Last Quarter — And You’ve Probably Never Heard of It
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Many Hedge Funds Bought Up This Stock Last Quarter — And You’ve Probably Never Heard of It

Yahoo Finance · Jun 16, 2026, 11:18 AM

Key takeaways

  • SUNB trades at just 20x forward earnings despite AI data center construction driving surging demand for heavy equipment and power systems.
  • Management launched a $1.5 billion share buyback, signaling strong conviction the stock remains undervalued.
  • Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and SUNB didn t make the cut.

Many Hedge Funds Bought Up This Stock Last Quarter — And You’ve Probably Never Heard of It Joey Frenette Tue, June 16, 2026 at 6:18 PM GMT+7 4 min read SUNB UNH NVDA Quick Read Nearly a dozen hedge funds piled into Sunbelt Rentals (SUNB) in Q1, a $35 billion equipment rental company largely unknown to retail investors.

SUNB trades at just 20x forward earnings despite AI data center construction driving surging demand for heavy equipment and power systems.

Management launched a $1.5 billion share buyback, signaling strong conviction the stock remains undervalued.

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