5 Stocks to Invest In According to Adam Peterson’s Magnolia Capital Fund

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1. Boston Omaha Corporation (NASDAQ:BOMN)

Peterson’s Stake Value: $255,369,000
Percentage of Adam Peterson’s 13F Portfolio: 31.74%
Number of Hedge Fund Holders: 3

On August 13, Boston Omaha Corporation (NASDAQ:BOMN) posted earnings for the second quarter of 2021. It reported earnings per share of $0.29, compared to $3.09 for the first quarter of 2021. Revenue over the period was $14.18 million, up 23.4% YoY, beating the estimates by $6.67 million. 

Adam Peterson’s Magnolia Capital Fund currently holds 8.05 million shares of Boston Omaha Corporation (NASDAQ:BOMN), which amounts to $255.37 million. Magnolia Capital Fund is the company’s most significant stakeholder. The company occupies 31.74% of Magnolia Capital Fund’s total portfolio. There were 3 hedge funds in our database that held stakes in Boston Omaha Corporation (NASDAQ:BOMN) in the second quarter of 2021, compared to 2 funds in the previous quarter. 

You can also take a peek at 10 Tech Stocks to Invest in Today According to Thomas E. Claugus’ GMT Capital and 10 Stocks to Invest In According to Stephen White’s SW Investment 

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