5 Best Stocks to Invest in Today According to Billionaire Michael Hintze

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1. Fox Corporation (NASDAQ:FOX)

Number of Hedge Fund Holders: 27

Percentage of CQS Cayman LP’s 13F holdings: 5.06%

CQS Cayman LP’s Stake Value: $80.62 million

According to 13F filings for the fourth quarter, Michael Hintze’s largest holding was Fox Corporation (NASDAQ:FOX), with 2.35 million shares valued at more than $80 million. The billionaire increased his holding in the firm by 18% over the previous quarter, where he owned 1.99 million shares of the firm.

Fox Corporation (NASDAQ:FOX) is a news and entertainment media network based in the United States. Hedge fund sentiment was positive on the media firm in the fourth quarter of 2021, where 27 hedge funds reported bullish bets on the company shares, as opposed to 25 hedge funds a quarter before. The leading shareholder of Fox Corporation (NASDAQ:FOX) in Q4 2021 was Yacktman Asset Management, which held a $296.7 million stake consisting of 8.65 million shares.

On April 19, Rosenblatt analyst Barton Crockett initiated coverage of Fox Corporation (NASDAQ:FOX) with a ‘Neutral’ rating and $38 price target. The analyst noted that viewership numbers for Fox News are excellent, and the firm has “interesting exposure” to sports betting through FoxBet. However, pressure from pay TV leads the analyst to believe long-term earnings growth is muted for the stock.

You can also take a look at 10 Best Finance Stocks To Buy Now and Billionaire Lee Cooperman’s Top 10 Stocks.

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