In this article, we are going to discuss 6 stocks to buy according to Dan Juran’s Rings Capital. If you want to skip our detailed analysis of Juran’s history, investment philosophy, and hedge fund performance, you can go directly to 3 Stocks to Buy According to Dan Juran’s Rings Capital.
Dan Juran, an Amherst College graduate, is the Managing Member of the Chicago-based Rings Capital Management. Rings Capital Management was formed in 2012 and is a mid-tier investment advisory firm with a diversified portfolio across different sectors. The hedge fund mainly has investments in the finance sector. According to the latest 13F filings, the fund has 6 holdings in its portfolio. Rings Capital Management serves as a general partner and investment advisor to Framtiden L.P. and First Framtiden L.P.
A few top stocks in the portfolio of Rings Capital Management as of the end of the third quarter of 2021 are Facebook, Inc. (NASDAQ:FB), Microsoft Corporation (NASDAQ:MSFT), and S&P Global Inc. (NYSE:SPGI).
Here is our list of the 6 stocks to buy according to Dan Juran’s Rings Capital. These were ranked according to the investment portfolio of Rings Capital Management as of the end of the third quarter of 2021.
6 Stocks to Buy According to Dan Juran’s Rings Capital
6. H&R Block, Inc. (NYSE:HRB)
Juran’s Stake Value: $3.8 million
Missouri-based H&R Block, Inc. (NYSE:HRB) was founded in 1995, and the company offers tax preparation services to the general public.
Rings Capital Management owns a $3.8 million stake in HRB as of the third quarter of 2021.
5. The Bank of New York Mellon Corporation (NYSE:BK)
Juran’s Stake Value: $4.66 million
The Bank of New York Mellon Corporation (NYSE:BK) is headquartered in New York and provides financial services like investment, wealth management, and others.
On September 16, investment advisory Citigroup maintained a Buy rating on The Bank of New York Mellon Corporation (NYSE:BK) stock and raised the price target from $56 to $60.
As of the end of the third quarter, Rings Capital Management has a $4.66 million stake in the bank.
4. Meta Platforms Inc (NASDAQ:FB)
Juran’s Stake Value: $5.4 million
Meta Platforms Inc (NASDAQ:FB) was founded in 2004 and is a multinational technology company.
On October 1, RBC Capital analyst Brad Erickson initiated coverage of Meta Platforms Inc (NASDAQ:FB) with an Outperform rating with a price target of $425, noting that the company has the potential to transform into a full source of online utility if it focuses on multiple product initiatives.
As of the end of the third quarter, Rings Capital Management owns a stake worth $5.4 million in Facebook, Inc. (NASDAQ:FB).
First Eagle Investment Management, in its second-quarter 2021 investor letter, mentioned that Facebook, Inc. (NASDAQ:FB) is one of its leading contributors at the end of the quarter. Here is what the fund said:
“Leading contributors in the First Eagle Global Fund this quarter included Facebook, Inc. Class A. Facebook has continued to post impressive results for both revenue and active users of its traditional platforms. In the meantime, the social media giant continues to make progress on new initiatives—like Facebook Horizon (virtual reality) and Facebook Shops (e-commerce)—and maintains attractive monetization optionality around services like Messenger and WhatsApp.”
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Disclosure: None. 6 Stocks to Buy According to Dan Juran’s Rings Capital is originally published on Insider Monkey.
