Michael Burry’s Top 5 Stock Picks For Q3

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1. Expedia Group, Inc. (NASDAQ:EXPE)

Michael Burry’s Q2 2023 Investment: $10.9 million

Michael Burry’s largest investment comes in the travel services firm Expedia Group, Inc. (NASDAQ:EXPE) which also beat analyst EPS estimates for its second quarter earnings. The firm is slated to heavily benefit from an uptick in global travel, and its fortunes appear to be positive given that large hospitality companies have also reported strong second quarter earnings.

57 of the 910 hedge funds part of Insider Monkey’s Q2 2023 database had invested in the travel company. Expedia Group, Inc. (NASDAQ:EXPE)’s largest shareholder among these is Paul Reeder and Edward Shapiro’s PAR Capital Management since it has a $371 million investment.

Follow Expedia Group Inc. (NASDAQ:EXPE)

Disclosure: None.  You can also take a look at 15 Big Companies that Stopped Paying Dividends and 12 Best Performing Bank Stocks in 2023.

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