5 Best New Stocks to Buy in 2021 According to Billionaire Paul Singer

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1. Evergy, Inc. (NYSE: EVRG)

Value: $585,182,000
Percent of Paul Singer’s 13F Portfolio: 5.7%
No. of Hedge Fund Holders: 33

Utility company Evergy ranks 1st on the list of best new stocks to buy now according to billionaire Paul Singer.  In February, the company posted a full-year non-GAAP EPS of $3.10, beating the Street by $0.06. For 2021, the company expects GAAP EPS of $3.14 to $3.34. Adjusted EPS in the period is expected to come between $3.20 to $3.40.

Paul Singer’s Elliott Management currently owns 10.5 shares of EVRG, worth $585.2 million. EVRG occupies 5.7% of Elliott Management’s overall equity.

You can also take a peek at 10 Best Tech Stocks to Buy According to Billionaire Ken Griffin and 10 Best High-Yield Dividend Stocks to Buy According to Billionaire George Soros.

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