Top 5 Stocks to Buy According to Charles Pollnow’s Triple Frond Partners

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1. Charter Communications, Inc. (NASDAQ:CHTR)

Triple Frond Partner’s Stake Value: $229.08 million
Percent of Triple Frond Partner’s Portfolio: 24.84%
Number of Hedge Fund Holders: 75

Charter Communications, Inc. (NASDAQ:CHTR) tops our list of top 10 stocks to buy according to Charles Pollnow’s Triple Frond Partners. Charter Communications, Inc. (NASDAQ:CHTR) is based in Connecticut, United States, and specializes in communication services such as broadband internet and cable operator services for residential and commercial customers. The company has over 31 million customers and serves in 41 states.

Charles Pollnow’s Triple Frond Partners holds 317,529 shares worth $229 million in Charter Communication, accounting for 24.84% of the total 13F portfolio in the second quarter of 2021.

Charter Communications, Inc. (NASDAQ:CHTR) generated revenue of $12.8 billion in the Q2 of 2021, increasing from $11.69 billion in the same quarter last year. Charter Communications, Inc. (NASDAQ:CHTR) reported an EPS of $5.29, beating the market consensus of $4.78 in Q2 2021. In August 2021, Pivotal Research raised its price target on Charter Communications Inc. (NASDAQ:CHTR) to $1,000 from $820, keeping a ‘Buy’ rating on the shares.

As of Q2 of 2021, 75 hedge funds as tracked by Insider Monkey have stakes in Charter Communications, Inc. (NASDAQ:CHTR), valued at $19.48 billion.

You can also take a peek at 10 Best High-Yield Dividend Stocks According to Billionaire Mario Gabelli and 10 Best Safe Dividend Stocks According to Billionaire Dan Loeb.

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