5 Best Value Stocks To Buy Now According To Seth Klarman

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1. eBay (NASDAQ: EBAY)

The e-commerce company eBay (NASDAQ: EBAY) is the largest stock holding of Seth Klarman’s Baupost Group, according to the latest filings. The firm created a position in the online retailers in the fourth quarter of 2018 and it currently accounts for 16% of a portfolio valued at $1.5 billion. Klarman’s hedge fund has slashed its stake in eBay by 6% in the latest quarter.

Shares of eBay rose sharply this year as social distancing policies shifted consumer’s focus towards online platforms. eBay benefited from consumer’s move towards online platforms. Its revenue of $2.61 billion in the latest quarter jumped 25% from the previous year’s period, with expectations that revenue growth momentum will extend into the next years.

eBay’s strategy of offering dividends to its investors makes it a good stock to hold for the long-term. The internet stock currently offers a quarterly dividend of $0.16 per share, yielding above 1%. Its stock price soared 42% soar so far this year.

Please also see: Seth Klarman’s Top Stock Picks and Baupost Group is Betting on eBay (EBAY) Stock

Disclosure: None.
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