Billionaire Michael Hintze’s Top Picks: News Corp (NWSA), Carnival Corporation (CCL)

Global resources company and American Depository Receipt BHP Billiton Limited (ADR) (NYSE:BHP) is CQS’ fourth largest holding. Wall Street hasn’t been kind to the stock so far this year, with Dahlman Rose, BofA/Merrill, and Macquarie all downgrading BHP since the tenth of last month. They join a number of other bears who think the stock is way overvalued at current levels, claiming that BHP should be trading more than 20% lower than where it is now. Furthermore, BHP has exhibited negative growth in both earnings and revenue, adding another poor mark to their report card. Billionaire Ken Fisher has contradicting ideas, however; he owns almost half a billion dollars’ worth of the company.

Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) is Hintze’s fifth largest position and the last on our list. The company operates discount and low-rate short-haul flights predominantly in Europe and the UK. They also offer a number of other travel-related services like Internet and car scheduling. The stock climbed 20% in the last year, propped up by quarterly growth in earnings and revenues year over year. We like Ryanair’s business model and think the stock has more room to go in 2013; one year mean price targets are hovering around the $47.50 range, indicating over 16% of upside from here. Jim Simons of Renaissance Technologies recently bumped his stake up to $75 million.

The article Billionaire Michael Hintze’s Top Picks originally appeared on Fool.com and is written by Jake Mann.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.