5 Best Stocks to Buy According to Billionaire Jeffrey Talpins

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1. ViacomCBS Inc. (NASDAQ: VIAC)

Talpins’ Stake Value: $50,738,000
Percentage of Jeffrey Talpins’ 13F Portfolio: 11.61%
Number of Hedge Fund Holders: 89

ViacomCBS Inc. (NASDAQ: VIAC) is a New York-based mass media company with a current market capitalization of $27.5 billion. With a focus on creating premium content and experiences for its audience all over the globe, the company also provides cable networks, content production and distribution, television stations, and digital streaming services.

Additionally, ViacomCBS Inc. (NASDAQ: VIAC) also works on other internet-based businesses and on consumer publishing. In the first quarter of 2021, the company reportedly had an income growth of around 69.4% on revenue growth of 14% year-over-year. The revenue from streaming advertising and subscription rose unprecedentedly. Element Capital Management has over 1.1 million shares in the company, valued at $50.74 million. It is currently ranked 1st on the list of the 10 best stocks to buy, according to billionaire Jeffrey Talpins.

Millennium Management currently owns 5.75 million shares of VIAC, worth $259.2 million. VIAC occupies 0.18% of Millennium Management’s overall equity.

You can also take a peek at 10 Best Passive Income Stocks in 2021 and Top 25 Free Games Without Wifi or Internet.

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