In this article, we discuss the 10 companies to consider in the portfolio of Oprah Winfrey. If you want to read about some more companies in the portfolio of Oprah, go directly to Oprah Winfrey Stock Portfolio: 5 Companies To Consider.
Oprah Winfrey is among a rare breed of television personalities who have successfully cashed in on their brand value in the media to produce a billion dollar business empire that is on the growth path. The net worth of the talk show host is estimated to be in excess of $3 billion. This includes investments in businesses similar to Warner Bros. Discovery, Inc. (NASDAQ:WBD), Comcast Corporation (NASDAQ:CMCSA), and Alphabet Inc. (NASDAQ:GOOGL). Oprah is expected to soon feature on the Forbes 400, a list of the 400 richest Americans.
Over the course of her more than three decade long career in the media industry, Oprah has mostly limited her investments to sectors such as media, food, and education. This strategy has been especially successful for the famed TV host and teaches a valuable investing lesson as well – investing in areas where you have expertise is a necessary prerequisite to generating lucrative stock market returns. Oprah is by far the wealthiest TV personality in the world and a role model for young investors.
Our Methodology
The companies listed below were picked from public statements that Oprah Winfrey has made regarding these stocks. It’s important to note that Oprah Winfrey may not have direct stakes in some of these companies as of today. Those are included in the article because they have either received funding from the celebrity in the past or their business models are aligned with Oprah Winfrey’s investing philosophy and values. We also included some notable companies that have partnerships with Oprah Winfrey.
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Oprah Winfrey Stock Portfolio: Companies To Consider
10. Oatly Group AB (NASDAQ:OTLY)
Number of Hedge Fund Holders: 12
Oatly Group AB (NASDAQ:OTLY) is an oat milk company that provides a range of plant-based dairy products made from oats in Sweden. It is one of the best stocks to consider in the Oprah Winfrey stock portfolio. On October 26, Oatly Group AB revealed that it has launched its Oatly Barista Edition in approximately 1,250 Aral-owned sites, as part of the new cooperation between both companies. Aral is Germany’s largest petrol station network with 2,400 retail sites in Germany.
In May 2021, Oprah was part of a group of celebrities that invested nearly $200 million in a funding round for the company.
On August 3, RBC Capital analyst Nik Modi maintained an Outperform rating on Oatly Group AB (NASDAQ:OTLY) stock and lowered the price target to $9 from $14, noting that company’s Q2 results outperformed organic growth estimates and the management appeared to focus more on cost discipline and profitability.
Among the hedge funds being tracked by Insider Monkey, London-based investment firm Half Sky Capital is a leading shareholder in Oatly Group AB (NASDAQ:OTLY) with 2.8 million shares worth more than $7.4 million.
In its Q4 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Oatly Group AB (NASDAQ:OTLY) was one of them. Here is what the fund said:
“We also closed out three names as we constantly seek ways to improve the Strategy’s overall growth profile. Oatly Group AB (NASDAQ:OTLY) is a leader in dairy alternative oat-milk products benefiting from the long-term secular growth of the category. That growth, however, is contingent on its ability to scale up manufacturing and we sold the position due to increased risk that global supply chain constraints would limit such efforts.”
9. WW International, Inc. (NASDAQ:WW)
Number of Hedge Fund Holders: 19
WW International, Inc. (NASDAQ:WW) provides weight management products and services worldwide. It is one of the top stocks to consider in the Oprah Winfrey stock portfolio. On August 4, WW International posted earnings for the second quarter of 2022, reporting earnings per share of $0.40, beating market estimates by $0.04. The revenue over the period was $269.5 million, down 13.4% compared to the revenue over the same period last year and missing market estimates by $15.79 million.
Oprah has been a part of the incredible growth story of the firm. She first invested in the company in October 2015, spending $43 million to acquire a 10% stake. In 2019, Oprah extended a partnership deal with the company till 2025. At the time the deal was renewed, the stock had rallied 450% since Oprah bought a stake in the firm.
On October 5, Truist analyst Michael Swartz maintained a Hold rating on WW International, Inc. (NASDAQ:WW) stock and lowered the price target to $5 from $7, noting the impact of rising interest rates and a stronger US dollar over the past 60 days.
At the end of the third quarter of 2022, 19 hedge funds in the database of Insider Monkey held stakes worth $28 million in WW International, Inc. (NASDAQ:WW), compared to 20 in the previous quarter worth $88.9 million.
8. United Natural Foods, Inc. (NASDAQ:UNFI)
Number of Hedge Fund Holders: 23
United Natural Foods, Inc. (NASDAQ:UNFI) distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It is one of the premier stocks to consider in the Oprah Winfrey stock portfolio. On October 4, United Natural Foods noted that it has opened a 125,000-square-foot refrigerated distribution center in Londonderry, NH. The food company is expanding its capacity and ability to deliver a leading selection of products to support customer growth across the northeast. Oprah has long supported the rise of plant-based alternative food firms like United Natural Foods.
On October 20, Goldman Sachs analyst Leah Jordan initiated coverage of United Natural Foods, Inc. (NYSE:UNFI) stock with a Neutral rating and $40 price target, noting that the fundamental backdrop for the supermarket industry indicated that growth will likely be moderate in the coming months.
At the end of the third quarter of 2022, 23 hedge funds in the database of Insider Monkey held stakes worth $121 million in United Natural Foods, Inc. (NASDAQ:UNFI), compared to 19 in the preceding quarter worth $125.4 million.
7. Chegg, Inc. (NYSE:CHGG)
Number of Hedge Fund Holders: 28
Chegg, Inc. (NYSE:CHGG) operates a direct-to-student learning platform that supports students starting with their academic journey and extending into their careers with products and services to support and help them better understand their academic course materials. It is one of the elite stocks to consider in the Oprah Winfrey stock portfolio. On November 1, Chegg posted earnings for the third quarter of 2022, reporting earnings per share of $0.21, beating market estimates by $0.07. The revenue over the period was $164.74 million, down 4.2% compared to the revenue over the same period last year and beating market estimates by $6.4 million.
The firm features on the list of stocks to consider in the Oprah Winfrey stock portfolio since it mimics the business model of the Oprah Winfrey Leadership Academy, a school for young girls in South Africa established by Oprah herself.
On November 2, Citi analyst Thomas Singlehurst maintained a Neutral rating on Chegg, Inc. (NYSE:CHGG) stock and raised the price to $29 from $25, noting that the company’s Q3 results were very encouraging.
Among the hedge funds being tracked by Insider Monkey, New York-based investment firm D.E. Shaw is a leading shareholder in Chegg, Inc. (NYSE:CHGG) with 87.4 million shares worth more than $75.7 million.
In its Q4 2021 investor letter, Artisan Partners, an asset management firm, highlighted a few stocks and Chegg, Inc. (NYSE:CHGG) was one of them. Here is what the fund said:
“Short-term market dynamics aside, we did experience several disappointing profit cycle developments during the quarter, Chegg, Inc. (NYSE:CHGG) and Roku in particular. Chegg is a digital education platform. A pattern of steady long-term growth in US subscribers surprisingly came to an end when it reported Q3 results. This precipitated a sharp decline in the company’s valuation and our estimate of its private market value (PMV). Management cited factors such as fewer enrollees in 2-year colleges (lured into the workforce by higher wages) and less need for study aids as COVID-related pressures have resulted in students taking less-challenging courses and professors assigning lighter workloads. We view these explanations as mostly logical, but we also believe the US penetration of the company’s services has become relatively mature. These headwinds could persist for at least the next few quarters, and we are currently evaluating whether other long-term growth drivers—international subscriber growth, and new services—remain intact. Meanwhile, it represents a very small GardenSM position in our portfolio.”
6. General Mills, Inc. (NYSE:GIS)
Number of Hedge Fund Holders: 40
General Mills, Inc. (NYSE:GIS) manufactures and markets branded consumer foods worldwide. On November 2, General Mills introduced new itty-bitty innovative cereals Minis cereals. It is one of the major stocks to consider in the Oprah Winfrey stock portfolio. On October 13, General Mills formed a partnership with No Kid Hungry which extends from a giant cereal box into a bowl of heart-shaped Cheerio pillows to raise awareness and funds for the non-profit.
In 2018, Oprah had disclosed that she had made an investment in the company. The restaurant firm later announced that Oprah would be joining the Board of Directors of the firm as a consultant.
On September 22, BMO Capital analyst Kenneth Zaslow maintained a Market Perform rating on General Mills, Inc. (NYSE:GIS) stock and raised the price target to $85 from $80, noting that the company’s Q1 beat the expectations.
At the end of the third quarter of 2022, 40 hedge funds in the database of Insider Monkey held stakes worth $933.7 million in General Mills, Inc. (NYSE:GIS), compared to 35 in the previous quarter worth $965.7 million.
In its Q2 2022 investor letter, Chartwell Investment Partners, an asset management firm, highlighted a few stocks and General Mills, Inc. (NYSE:GIS) was one of them. Here is what the fund said:
“In the Dividend Equity accounts, the three best performers in Q2 include General Mills (NYSE:GIS, 3.2%), up 12.2%. General Mills benefitted from the combination of being in a very defensive industry as well as demonstrating solid business momentum; margins have been particularly impressive, following price increases.”
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Disclosure. None. Oprah Winfrey Stock Portfolio: 10 Companies To Consider is originally published on Insider Monkey.
