Billionaire Julian Robertson’s New Stock Picks Include Monsanto Company (MON), McGraw Hill Financial Inc (MHFI)

McGraw Hill Financial Inc (NYSE:MHFI) wasn’t the only financial information stock Robertson liked; he also bought about 390,000 shares of Moody’s Corporation (NYSE:MCO). After rising over 80% in the last year, Moody’s trades at 21 times trailing earnings. The company has been growing nicely, however: in the first quarter of 2013, revenue rose by 13% and while net margins did come down a bit Moody’s still experienced 9% growth on the bottom line. Warren Buffett’s Berkshire Hathaway had over $1.5 billion invested in Moody’s at the beginning of April, or over 28 million shares (research more stocks Buffett likes).

Robertson purchased over 190,000 shares of Monsanto Company (NYSE:MON) between January and March. The $57 billion market cap agricultural technology company delivered 23% net income growth in its most recent quarter compared to the same period in the previous fiscal year, and sales were up 15%. Markets have already priced in continued high growth, with a trailing earnings multiple of 23, but Monsanto Company (NYSE:MON) might still be worth investigating as a potential growth stock. Blue Ridge Capital– a hedge fund managed by another Tiger Cub, John Griffin- owned over 3 million shares according to its own 13F.

Dunkin Brands Group Inc (NASDAQ:DNKN), which is primarily known for its expanding coffee and donut shop but also owns Baskin-Robbins, rounds out our list of Robertson’s largest new picks. Recent financial results actually haven’t been that good, with earnings actually down a bit, yet investors are quite optimistic given the respective trailing and forward P/Es of 44 and 23. We would avoid the stock at least until business picks up enough to justify the current valuation. The stock is up nearly 50% from its levels shortly after its IPO almost two years ago.

Disclosure: I own no shares of any stocks mentioned in this article.