Morris Mark’s Mark Asset Management Latest Portfolio: Top 5 Stock Picks

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1. Tesla, Inc. (NASDAQ:TSLA)

Mark Asset Management’s Stake Value: $64,531,000

Percentage of Mark Asset Management’s 13F Portfolio: 9.48%

Number of Hedge Fund Holders: 80

Arguably the most popular stock in the world for the past two years, Tesla, Inc. (NASDAQ:TSLA) was also Mark Asset Management’s top stock pick at the end of the first quarter of 2022. Last month the company reported its second-quarter earnings, which blew analysts’ estimates out of the water.

For its second quarter, Tesla, Inc. (NASDAQ:TSLA) revealed earnings per share of $1.95 on revenue of $16.93 billion, while the consensus among analysts was for the company to report earnings per share of $1.50 on nearly the same revenue. Tesla, Inc. (NASDAQ:TSLA) will conduct a shareholder meeting later this week, where shareholders will vote on whether the company’s stock should go for another stock split.

On July 21, following Tesla, Inc.’s (NASDAQ:TSLA) second-quarter earnings release, analysts at Cowen boosted their price target on the stock to $733 from $700 while maintaining their ‘Market Perform’ rating.

You can also look at the 7 Best Stocks to Buy According to Stephen Feinberg’s Cerberus Capital Management and 10 Stocks You Should Sell in 2022 According to Billionaire Dan Loeb.

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