5 Best Tech Stocks to Buy Now According to Orkun Kilic’s Berry Street Capital

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1. IHS Markit Ltd. (NYSE: INFO)

Berry Street Capital’s Stake Value: $112.66 million
Percentage of Berry Street Capital’s 13F Portfolio: 9.92%
Number of Hedge Fund Holders: 61

Ranking 1st on our list of best tech stocks to buy now according to Orkun Kilic’s Berry Street Capital, IHS Markit Ltd. (NYSE: INFO) offers critical information, analytics, and solutions for various industries and markets internationally. IHS Markit Ltd. (NYSE: INFO) was incorporated in 1959 and is based in London, the United Kingdom. Latest filings by Berry Street Capital reveal that the hedge fund owned 1 million shares in the firm at the end of June 2021 that are worth $112.66 million, representing 9.92% of the portfolio. Kilic has expanded investment in the computing and data authority by 293% compared to the first quarter of 2021.

On July 15th, Deutsche Bank raised IHS Markit Ltd. (NYSE: INFO)’s target price from $123 to $127 with a Buy rating. With a stock price of $120.87, the price went up by 27.81% in the last 6 months. On 2nd August, S&P Global Inc. (NYSE: SPGI) and IHS Markit Ltd. (NYSE: INFO) reported an agreement of selling IHS Markit’s Oil Price Information Services; Coal, Metals and Mining; and PetroChem Wire businesses to News Corp (NWSA) in a cash transaction valued at approximately $1.15B. The second quarter revenue of IHS Markit Ltd. (NYSE: INFO) was $1.18 billion compared to the first quarter’s $1.12 billion.

As of the second quarter, 61 hedge funds out of 873 funds tracked by Insider Monkey held stakes in the company worth $5.9 billion versus the first quarter’s 54 hedge funds with a stake of $4 billion. With a stake of $128 billion, Robert Joseph Caruso is the company’s biggest stakeholder.

You can also take a peek at 10 Cheap Small-Cap Stocks to Buy and 10 Penny Stocks with Upcoming Growth Catalysts.

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