Top 5 Stock Picks of Value Investor David Abrams

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1. Lithia Motors, Inc. (NYSE:LAD)

Abrams Capital Management’s stake value: $698 million

Percentage of Abrams Capital Management’s portfolio: 15.31%

Number of hedge fund holders: 56

David Abrams investment firm is the leading stakeholder in Lithia Motors, Inc. (NYSE:LAD) as of December. The firm held $698 million worth of stake in the company, accounting for 15.31% of the entire portfolio. Lithia Motors is the second-largest automotive retailer in the United States. The company’s stock price surged more than 200% in the past five years amid increasing revenue and earnings. The company posted 51% revenue growth in fiscal 2021 compared to the past year. 

Elite funds are also showing confidence in Lithia Motors. It was in 56 portfolios as of December compared to 39 positions in the previous quarter. 

You can also take a look at 10 Monthly Dividend Stocks to Buy in April and 10 Consumer Technology Stocks to Invest In According to Ken Fisher

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