5 Best Small-Caps To Buy According To This Billionaire

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CONSOL Energy Inc. (NYSE:CNX)

At the end of September, there were 3.37 million CONSOL Energy Inc. (NYSE:CNX) shares in Blue Ridge Capital’s portfolio, with a total value of $64.70 million. Shares of the energy stock have been red-hot this year, rising 179.5% year-to-date. First, bulls are optimistic on the company’s low cost natural gas operation, which has benefited of late from the higher natural gas prices. Second, many investors hope President-elect Donald Trump will follow through with his promises to help coal miners. If Trump can cut the bureaucratic red tape, demand for coal could increase and CONSOL could benefit. Mason Hawkins’ Southeastern Asset Management owns over 49.57 million shares of CONSOL Energy Inc. (NYSE:CNX), as of the end of the third quarter.

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Ambarella Inc (NASDAQ:AMBA)

Blue Ridge Capital made no change to its stake in Ambarella Inc (NASDAQ:AMBA) in the third quarter, and moved in the last quarter of 2016 with 998,000 shares of the company, with a net market value of $73.46 million. Investment firm Oppenheimer reiterated a ‘Perform’ rating for the California-based video and image processing company after upbeat third quarter results in which revenue grew by 54% as compared to the last quarter and by 8% on a year-over-year basis. A total of 15 hedge funds tracked by Insider Monkey were bullish on Ambarella Inc (NASDAQ:AMBA) at the end of September. That’s out of 742 total funds in our system.

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Platform Specialty Products Corp (NYSE:PAH)

Blue Ridge Capital reported ownership of over 12.78 million shares of Platform Specialty Products Corp (NYSE:PAH), with a total worth of $103.69 million as of the latest 13F filing. Last month, financial services firm Nomura Securities upgraded the rating for the chemical production company to ‘Buy’ from ‘Neutral’ and raised its price target to $12 from $11. Platform Specialty Products earned $0.14 per share in the third quarter, or $0.02 better than the analyst estimate of $0.12. Bill Ackman’s Pershing Square owns 42.74 million shares of Platform Specialty Products Corp (NYSE:PAH), as of the end of the third quarter.

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