Michael Burry Stock Portfolio: 5 Stocks To Buy Now

2. Nexstar Media Group, Inc. (NASDAQ:NXST)

Scion Capital’s Q3 2023 Investment: $6.9 million

Nexstar Media Group, Inc. (NASDAQ:NXST) is an American television and broadcasting company. The third quarter was a great one for it when it comes to Dr. Burry, as the investor increased its holdings in the firm by 225% for the second biggest percentage jump of its kind. To boot, the shares are also rated Strong Buy on average, and analysts have priced in a rough $55 average price upside.

By the end of 2023’s June quarter, 30 hedge funds out of the 910 that were part of Insider Monkey’s database were the firm’s investors. Amy Minella’s Cardinal Capital was the biggest hedge fund shareholder since it owned $129 million worth of shares.

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