Billionaire Howard Marks is the co-founder of Oaktree Capital Management. A Billionaire value investor who co-founded Oaktree Capital Management with the strategy of investing in private equity, high-yield debt, and distressed debt. He always believes in chasing investment opportunities that others are ignoring. He invests in stocks that offer substantial value-generating options. A stake held by Oaktree in 178 stocks at the end of the fourth quarter weighted around 58% of the overall portfolio. Insider Monkey examines The 10 Best Value Stocks to Buy Now According to Howard Marks.
America Movil is a company that has seen an increase in hedge fund interest lately. Also, Oaktree Capital has generated significant gains from its long-running investment in Taiwan Semiconductor Manufacturing Company Limited. The company also enjoyed dividends from Taiwan Semiconductor. Howard Marks has strong beliefs in the future fundamentals of AngloGold Ashanti Limited. His hedge funds in the gold mining company raised the position by 8% to 3.1 million shares in the fourth quarter. The stock price of Petroleo Brasileiro SA (PBR) declined in the second half of 2020 after a strong rally in the first half. The number of long hedge fund positions in PBR fell from 31 in the September quarter to 24 at the end of Q4 2020. For more details on value stocks to buy now, click 10 Best Value Stocks to Buy Now According to Howard Marks.
