In this article, we take a look at the top 5 stocks to buy according to Guy Spier’s Aquamarine Capital Management. If you want to see our comprehensive analysis of Aquamarine Capital Management’s 13F portfolio, go directly to Top 10 Stock to Buy According to Guy Spier’s Aquamarine Capital Management.
5. Ferrari N.V. (NYSE:RACE)
Aquamarine Capital Management’s Stake Value: $16.7 million
Percentage of Aquamarine Capital Management’s 13F Portfolio: 8.21%
Number of Hedge Fund Holders: 27
Ferrari N.V. (NYSE:RACE) is the holding company for Ferrari S.p.A, which designs manufactures, and distributes sports and supercars. It is one of the most famous companies in the sports cars industry.
Aquamarine capital management holds 80,000 shares in the company. On December 9, Kepler Cheuvreux analyst Thomas Besson downgraded Ferrari to a ‘Reduce’ rating with a price target of EUR 220, up from EUR 210.
While Besson remains convinced that the company’s shares are attractive in the long run, the analyst anticipates profit-taking in the coming months after a large-scale outperformance over the past six months.
4. Mastercard Incorporated (NYSE:MA)
Aquamarine Capital Management’s Stake Value: $22.8 million
Percentage of Aquamarine Capital Management’s 13F Portfolio: 11.2%
Number of Hedge Fund Holders: 146
Mastercard Incorporated (NYSE:MA) is a financial company that operates Mastercard service, a digital payment processor used virtually all across the world. It allows for the processing of digital transactions between the customer’s bank and merchant’s bank and thus, enables a huge percentage of online transactions. Aquamarine Capital Management holds 65,750 shares in the company.
3. Bank of America Corporation (NYSE:BAC)
Aquamarine Capital Management’s Stake Value: $32.5 million
Percentage of Aquamarine Capital Management’s 13F Portfolio: 15.97%
Number of Hedge Fund Holders: 72
Bank of America Corporation (NYSE:BAC) is a famous American finance, investment, and banking company headquartered in North Carolina. The company provides banking services, wealth management. On December 9, UBS analyst Erika Najarian assumed coverage of Bank of America Corporation (NYSE:BAC) with a ‘Buy’ rating and a price target of $64.
The analyst declared Bank of America as her top pick among the U.S. banks with large market capitalization.
2. American Express Company (NYSE:AXP)
Aquamarine Capital Management’s Stake Value: $35 million
Percentage of Aquamarine Capital Management’s 13F Portfolio: 17.24%
Number of Hedge Fund Holders: 57
American Express Company (NYSE:AXP) is another company providing payment card services. Aquamarine Capital Management has 210,000 shares in the company as of the third quarter of 2021.
1. Berkshire Hathaway Inc. (NYSE:BRK-B)
Aquamarine Capital Management’s Stake Value: $38.3 million
Percentage of Aquamarine Capital Management’s 13F Portfolio: 18.81%
Number of Hedge Fund Holders: 106
Berkshire Hathaway Inc. (NYSE:BRK-B), as mentioned earlier, is a huge conglomerate controlling several companies. The company provides Class-A and Class-B shares. Aquamarine Capital Management is invested in both classes of shares with its most significant investment in Class-B shares at 140,600 shares in the third quarter of 2021.
You can also take a peek at 10 High Dividend Stocks for 2022 and Billionaire David Tepper is Loading Up on These 10 Stocks.
