Legendary Value Investor Bill Miller’s Top 5 Stock Picks

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1. DXC Technology Company (NYSE:DXC)

Miller Value Partners’ Stake Value: $224,298,000
Percent of Miller Value Partners’ 13F Portfolio: 5.34%
Number of Hegde Fund Holders: 30

DXC Technology Company (NYSE:DXC) tops our list of the legendary value investor Bill Miller’s top 10 stock picks. It is an American technology company that provides B2B technology services to its consumers. 

As of Q2 2021, Miller Value Partners owns 65,200 shares in DXC Technology Company (NYSE:DXC), valued at $224.2 million. The hedge fund increased its stake by 4% in the company, which now accounts for 5.34% of the fund’s 13F portfolio. This September, BMO Capital lifted its price target on DXC Technology Company (NYSE:DXC) to $385, while keeping a ‘Market Perform’ rating on the shares.

As of Q2 2021, 30 hedge funds tracked by Insider Monkey have positions in DXC Technology Company (NYSE:DXC), up from 28 in the previous quarter. These stakes are valued at $851.2 million. 

Miller Value Partners also mentioned DXC Technology Company (NYSE:DXC) in its Q2 2021 investor letter. Here is what the firm has to say: 

“DXC Technology Company (DXC) continued to climb higher during the quarter gaining 24.57%. The company reported solid Fiscal Year 4th quarter (FY4Q) results with revenue of $4.385B beating consensus of $4.29B and earnings per share (EPS) of $0.74 ahead of expectations for $0.70. The company guided for fiscal 2022 revenue of $16.6-$16.8B, below the Street at $16.9B and adjusted EPS of $3.45-3.65, ahead of the consensus of $3.43. By FY2024, the company expects organic revenue growth of 1-3%, adjusted earnings before income and taxes (EBIT) margin of 10-11%, adjusted diluted EPS of $5.00-$5.25 and free cash flow (FCF) of $1.5B. Later in the month, the company held an investor day where management highlighted their confidence that they can hit all of their targets while also stressing the progress they have made on their turnaround to date.”

You can also take a look at Larry Robbins’ Top Stock Picks and Billionaire Izzy Englander’s Top 10 Stock Picks

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