5 Cheap Value Stocks To Buy According To Seth Klarman

3. Jazz Pharmaceuticals plc (NASDAQ:JAZZ)

Baupost Group’s Q1 2023 Investment: $70 million

A biotechnology firm, Jazz Pharmaceuticals plc (NASDAQ:JAZZ) has the second highest share price upside on our list, with analysts pegging it with an upside of 59%. It was a fresh addition to Baupost Group’s investment portfolio in Q1 2023, with the fund investing $70 million in the firm.

Along with Mr. Klarman’s fund, 40 of the 943 hedge funds profiled by Insider Monkey had also bought Jazz Pharmaceuticals plc (NASDAQ:JAZZ)’s during the first quarter. Bernard Horn’s Polaris Capital Management is the largest shareholder, courtesy of a $191 million stake.

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