11 Best New Company Stocks to Buy in 2017

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  1. Playa Hotels & Resorts NV (NASDAQ:PLYA)
  2. – Number of Hedge Funds With Long Positions (as of March 31): 25
    – Aggregate Value of Hedge Funds’ Holdings (as of March 31): $518 million

    Shares of the Netherlands-based Playa Hotels & Resorts NV (NASDAQ:PLYA) have remained in a very narrow range since the company’s mid-March IPO. Deutsche Bank analyst Chris Woronka is high on the resort specialist, believing it has a strong portfolio of properties and serves a favorable demographic. He has a $14 price target and ‘Buy’ rating on the stock. Thomas Steyer’s Farallon Capital is also a huge fan, having taken by far the largest position in the stock among institutional investors: a 28.7% stake of 30.29 million shares as of May 22.

    Lucky Business/Shutterstock.com

    Lucky Business/Shutterstock.com

    Follow Playa Hotels & Resorts N.v. (NASDAQ:PLYA)

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