Are you interested in the top 5 best value stocks to buy for 2021 according to Tom Russo? Great! We are here to present you with Insider Monkey’s latest article. If we compare value stocks to growth stocks, we can see the former has fairly underperformed in the past few years, while the latter has seen a respectable growth in technology and e-commerce companies. Yet, there are some famous investors, who do prefer to invest in value sticks and insist on them. The famous value investor Thomas A. Russo is one of them. Thomas Russo is the portfolio manager of the Gardner Russo & Gardner, and he is famous for holding stocks for the long-term. As a matter of fact, his investment strategy is similar to the legendary investor Warren Buffett, and Russo also attended Berkshire Hathaway’s annual meetings, read Buffett’s writings, and learned a lot from them. He owns more than a stake worth one billion dollar in Berkshire Hathaway (NYSE:BRK.A) and (NYSE: BRK.B). Nestlé is an excellent example for Russo’s strategy. He prefers Nestlé to Kraft, due to its expanded business and brand recognition.
Let’s check out two out of the top 5 best value stocks to buy for 2021 according to Tom Russo. Gardner Russo & Gardner’s top ten positions account for 78% of the overall portfolio. Alphabet Inc (NASDAQ:GOOG) is on the fourth spot on the compilation. Gardner Russo & Gardner has had a position in Alphabet since 2014, and it seems it was an excellent pick, because the shares of Alphabet has increased by 200% for the past five years. Nestlé S.A. (OTCMKTS:NSRGY) stands on the second spot. Russo’s company first purchased shares in Nestlé in 2011, and it is the second-biggest stock holding of the company’s 13FF portfolio. Over the past 10 years, the shares of Nestlé has jumped to 101%, while Nestlé is a favorite pick for long-run investors due to its dividend yield of 2.5%. If you want to gain more valuable information about the best value stocks to buy for 2021, please click and jump to see the entire original article.
