5 Best Value Stocks To Buy Now According To Seth Klarman

Today we are going to take a look at the best value stocks to buy now according to Seth Klarman. Among the most renowned investors, billionaire investor and Baupost Group founder Seth Klarman is a real big fish in the market. Baupost Group has been extremely successful since its foundation in 1983, as its returns has always been at 20%. Actually, a value stock is a stock that trades way below its intrinsic value.

But now, let’s quit the introduction, and see what you have come here for – the best value stocks to purchase currently. At first, on the fourth spot, here’s Viasat, Inc. (NASDAQ: VSAT). Seth Klarman seems to be interested in  broadband and communications products provider Viasat (NASDAQ: VSAT). His Baupost Group bought the first stocks in 2008. During the third quarter of 2020, the hedge fund has added more, after a 50% drop in shares this year. Viasat is Klarman’s largest investment presently, accounting for 6.04% of the overall portfolio. Due to the pandemic, and its result in broadcasting (the providers had to slow and soften outlook, since hundreds of millions watched their broadcast at the same time all over the world), shares of broadband and communications products provider have been under pressure. Revenues of Viasat Inc have been about $5.5 million in the last couple of quarters. Viasat shares are currently trading around $34, down 40% in the past five years and 20% in the last ten years. Up on the list, Liberty Global plc (NASDAQ: LBTYK) stands. It’s a British-Dutch-American multinational telecommunications company. According to Insider Monkey’s research, Liberty Global (NASDAQ: LBYT) is the second biggest stock holding of Baupost Group, as it holds 12.09% of Baupost’s portfolio having a value of $1.12 billion. Baupost Group bought the first shares in 2018, and since then its position hasn’t changed.The prices of Liberts Global’s shares has risen this year. Having fiber-rich networks, the company has been able to continue seamless connectivity, and has managed to add 37,000 new costumer for the already existing more than 70,000 broadband subscribers. If you want to get more interesting information about this issue, please jump to the list of the best value stocks to buy now according to Seth Klarman. 

Pixabay/Public domain

Related posts