Top 5 Stocks To Buy Now According To Billionaire Seth Klarman

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1. Liberty Global Inc. (NASDAQ:LBTYA)

The Baupost Group’s Stake Value: $1.38B

Percentage of The Baupost Group’s 13F Portfolio: 15.03%

Number of Hedge Fund Holdings: 41

Coming in at number 1 as the top stock to buy now according to billionaire Seth Klarman is London, Amsterdam and Denver-based multinational telecommunications mammoth, Liberty Global (NASDAQ:LBTYA). Formed in 2005 through a merger between Liberty Media (NASDAQ:BATR) and UnitedGlobalCom, the multinational provides video, voice and internet services across the US and Europe. Liberty Global (NASDAQ:LBTYA) reported an overall revenue of $10.3 billion in 2021.

Seth Klarman’s Baupost Group assumes the position of the largest shareholder of the company, owning a massive amount of nearly 54 million shares worth over $1.38 billion. Representing 15.03% of Klarman’s 13F portfolio, with the billionaire maintaining his hold over Liberty Global (NASDAQ:LBTYA) from the previous quarter, the conglomerate speaks volumes of Seth Klarman’s confidence in the stock.

On March 24, celebrated Credit Suisse analyst Luis Sanchez-Lecaroz upgraded Liberty Global PLC’s (NASDAQ:LBTYA) rating  from ‘Neutral’ to ‘Outperform’ and upped the price target to $35 from $26.  She sees immense potential in Liberty’s (NASDAQ:LBTYA) fiber and other monetization models, and views them as a premium opportunity for investors to familiarize themselves to fiber challenger business markets. Furthermore, according to Bloomberg, the merger between Liberty Global (NASDAQ:LBTYA) and Vodafone (NASDAQ:VOD) has been extremely efficient in raising investor interest with many making bullish advances towards Liberty Global (NASDAQ:LBTYA) this past quarter.

Therefore, Liberty Global Inc. (NASDAQ:LBTYA) makes it to the top of Seth Klarman’s list of the top 10 stocks to buy now.

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