5 Best Stocks To Buy According To Billionaire Larry Robbins

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1. Tenet Healthcare Corporation (NYSE: THC)

Value: $729,074,000
Percent of Larry Robbins’ 13F Portfolio: 16.71%
No. of Hedge Fund Holders: 34

Tenet Healthcare tops the list of 10 best stocks to buy according to billionaire Larry Robbins. Glenview Capital entered 2021 with a $729 million stake in the company. The healthcare services company operates over 60 hospitals and 500 healthcare facilities.  In February, CFRA upgraded the stock to Buy from Hold, citing favorable commercial mix and cost cutting. The firm also upped its price target for the stock to $57.

According to our database, the number of THC’s long hedge funds positions increased at the end of the fourth quarter of 2020. There were 34 hedge funds that hold a position in THC compared to 33 funds in the third quarter. The biggest stakeholder of the company is Larry Robbins’ Glenview Capital, with 18.3 million shares, worth $729.1 million.

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