5 Stocks Wall Street Analysts and Billionaires Are Crazy About

2. Scorpio Tankers Inc. (NYSE:STNG)

Number Of Billionaire Investors As of Q1 2023: 11

Scorpio Tankers Inc. (NYSE:STNG) is a shipping company based in Monaco. The firm primarily transports refined oil products all over the world through its ships, and it has one of the largest tanker fleets in the world made of more than a hundred vessels.

33 of the 943 hedge funds part of Insider Monkey’s March quarter of 2023 survey had bought Scorpio Tankers Inc. (NYSE:STNG)’s shares. David Rosen’s Rubric Capital Management is the largest shareholder since it owns 2.4 million shares that are worth $135 million.

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