5 Value Stocks to Buy According to Joel Greenblatt

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1. McDonald’s Corporation (NYSE:MCD)

Number of Hedge Fund Holders: 57    

McDonald’s Corporation (NYSE:MCD) owns and runs fast food restaurants. According to its latest 13F filing, Gotham Asset Management owned 47,950 shares in the company at the end of December 2021 worth $12.8 million, representing 0.41% of its 13F portfolio’s value. The fund increased its stake in the firm by 55% in the fourth quarter. 

On March 30, UBS analyst Dennis Geiger kept a ‘Buy’ rating on McDonald’s Corporation (NYSE:MCD) shares, with a price target of $290, underlining that the firm was “attractive for investors looking for a high quality, defensive compounder” given rising inflation. 

At the end of the fourth quarter of 2021, 57 hedge funds in the database of Insider Monkey held stakes worth $2.2 billion in McDonald’s Corporation (NYSE:MCD), compared to 58 funds long MCD in the preceding quarter, with holdings worth $3.3 billion.

For more great investment ideas, check out 13 Best Hemp Stocks to Buy Now and Billionaire Dan Loeb’s Top 10 Stock Picks.

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