7 Best UK Growth Stocks To Invest In

2. Clarivate (NYSE:CLVT)  

Number of Hedge Fund Investors: 27  

Clarivate (NYSE:CLVT) is a leading provider of information and analytics for research and innovation. The company offers solutions in intellectual property, scientific research, and life sciences by providing a comprehensive suite of research and development tools, particularly in the Academia and government (A&G) and Intellectual Property (IP) segments.

Clarivate’s (NYSE:CLVT) organic growth remains intact, with its two largest segments showing improvements, the A&G segment saw organic growth accelerate from 0.6% in Q1 to 1.3% in Q2, while the IP segment showed an organic growth improving by 270bps to -1.8% in Q2. Additionally, the company’s win rate on IPMS (IP management system) has improved, which is a strong leading indicator of growth for this segment.

The company’s valuation is cheap at the current level, with a forward PE of 9.03, a 55% discount to the sector median of 20.08. Moreover, analysts expect the company earnings to grow by 7% next year.

In the second quarter, the company’s stock was held by 27 hedge funds with stakes worth $1.50 billion. Leonard Green & Partners is the largest shareholder in the company with a stake worth $663.83 million as of June 30.