5 Safe Stocks to Buy in 2022 According to Seth Klarman

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1. Liberty Global plc (NASDAQ:LBTY)

Baupost Group’s Stake Value: $1.4 billion

Percentage of Baupost Group’s Stake Value: 15%

Number of Hedge Fund Holders: 41

P/E Ratio: 0.92

Liberty Global plc (NASDAQ:LBTY) is a British-Dutch-American telecommunication corporation. It has headquarters in London, Amsterdam and Denver. Baupost Group is the leading stakeholder in the company, owning equity worth $1.4 billion as of Q1, 2022. 

In Q4, 2021, Pivotal Research analyst Jeffrey Wlodarczak raised his price target on Liberty Global to $43, up from $40 and kept a ‘Buy’ rating on the stock.  Wlodarczak moved to a year-end 2022 target from year-end 2021 previously and anticipates almost 50% upside from present levels. He sees the sale of Liberty’s Polish cable assets as attractive and said that the stock is “inexpensive” with “lots of interesting optionality.”

Liberty Global has a Quick Ratio of 1.43 and operates with a debt that is 55% of its equity as of the first quarter of 2022, enough to cover short-term as well as long-term debt obligations. 

You can also take a peek at 12 Safe Stocks to Buy for Beginner Investors and Jim Cramer Recommends Selling These 5 Stocks

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