Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Billionaire Stephen Mandel’s High Upside Potential Picks Include Apple Inc. (AAPL)

69 hedge funds and other notable investors in our database of 13F filings owned shares of Express Scripts Holding Company (NASDAQ:ESRX), making it the most popular healthcare stock among hedge funds (find more healthcare stocks hedge funds love); Lone Pine had a significant position there. Express Scripts is now back in business as a prescription management partner with Walgreen Company (NYSE:WAG), which seems to already be having a positive impact on its financials. At 13 times consensus earnings for 2013, we would call Express Scripts another candidate for value status.

The fund owned about 860,000 shares of AutoZone, Inc. (NYSE:AZO), which carries trailing and forward P/Es of 15 and 11 as well as a PEG ratio of 0.9. The replacement auto parts store is being valued higher than many other auto related companies which are more exposed to demand, but the pricing might still be considered low particularly as the most recent quarterly report showed growth on both top and bottom lines. Bain Capital’s Brookside Capital initiated a position in the stock during the third quarter (check out more of Brookside’s stock picks).

Mandel and his team more than doubled the size of their position in Dollar General Corp. (NYSE:DG) to a total of 8.3 million shares. Even though the dollar store has been growing rapidly and has little exposure to the broader economy (the beta is only 0.1), its earnings multiples are in the teens. We’d consider it another prospect for future research. Lee Ainslie’s Maverick Capital was also buying the stock (research more stocks Ainslie likes).

Biotech Insider Alert - $5 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!