5 Stock Picks to Beat the Market Slump

2. Antero Resources Corp (NYSE:AR)

Number of Hedge Fund Holders: 64

Year-to-Date Price Gains: 73.32%

Antero Resources Corp (NYSE:AR) is an oil and gas exploration and production company. It is based in Denver, Colorado.

Mizuho’s Vincent Lovaglio holds a Buy rating on Antero Resources Corp (NYSE:AR) shares as of August 18. The analyst also placed a $49 price target on the stock.

Antero Resources Corp’s (NYSE:AR) operating cash flow growth, year over year, saw a 67.79% increase. In the second quarter, the company’s EPS of $1.68 beat the previous quarter’s EPS of $1.15. Antero Resources Corp (NYSE:AR) brought in revenue of $2.2 billion in that quarter, also beating estimates by $385.89 million.

Antero Resources Corp (NYSE:AR) was found among the 13F holdings of 64 hedge funds in the second quarter. Their total stake value was $1.5 billion.