5 Stocks to Invest in Today According to Billionaire Kerr Neilson

2. Trip.com Group Limited (NASDAQ:TCOM)

Platinum Asset Management’s Stake Value: $319 million

Percentage of Platinum Asset Management’s 13F Portfolio: 8.98%

Number of Hedge Fund Holders: 37

Platinum Asset Management also used the dip in Trip.com Group Limited (NASDAQ:TCOM) stock price as a buying opportunity. The firm increased its existing position in Trip.com by 36% during the third quarter. Trip.com was the second-largest stock holding of billionaire Kerr Neilson’s portfolio as of September.  

Oakmark Funds, an investment management firm, stated that Trip.com is a good stock to buy after the stock price dip. Here is what Oakmark Funds said about Trip.com. 

“Trip.com Group ADR (China), the largest online travel agency in China, and Reckitt Benckiser Group (U.K.), a large global consumer products company, were both previous holdings in the Fund. With significant declines in share price, the stocks again offered the necessary potential upside to be selected for our portfolio.”