In this article, we will be taking a look at the 10 Stocks to Buy Now According to Billionaire David Tepper.
David Tepper is arguably the greatest hedge fund manager of his generation. With a net worth of $18.5 billion, the hedge fund manager has a long history of earning hefty returns for his clients. Tepper graduated with a bachelor’s degree in Economics from University of Pittsburgh, followed by an MBA from Carnegie Mellon University. His early career in the realm of finance started with Equibank, and Reliance Steel, followed by a seven-year stint at Goldman Sachs where he specialized in distressed debt. Tepper left Goldman Sachs in 1993 to launch Appaloosa Management LP.
Tepper started the hedge fund with $57 million in capital, which assets under management exceeding $13 billion, as of December 31, 2021. The hedge fund has posted annualized returns of around 25% since inception.
David Tepper’s Appaloosa Management LP purchases and sells high-yield bonds, bank loans to highly leveraged companies, sovereign debt and other debt and equity securities, including securities of financially distressed companies and SPACs, in an effort to obtain annual returns substantially in excess of those derived from buy-and-hold strategies for investment-grade fixed-income, high-yield debt and equity securities. Tepper’s investments in Citigroup, Bank of America, and AIG, in the aftermath of the 2008 crash are considered his best transactions.
As of Q2 2022, David Tepper’s Appaloosa Management LP’s 13F portfolio is valued at $1.85 billion. The portfolio comprises 42 total positions, including 8 positions added to the portfolio during the quarter. Apart from adding these new stocks to the portfolio, the hedge fund increased its exposure to 12 of the existing positions, sold out of 12 positions and reduced exposure to 28 positions. The 10 stocks to buy now according to billionaire David Tepper accounted for 47.60% of the portfolio weight with the highest concentration across Alphabet Inc. (NASDAQ:GOOG), Meta Platforms, Inc. (NASDAQ:META), and Amazon.com, Inc. (NASDAQ:AMZN), respectively.
Given David Tepper’s Appaloosa Management LP invests in bonds and other derivatives, his 13F portfolio only represents part of his fund’s positions. With the odds of an economic slowdown increasing due to the Federal Reserve raising interest rates, the market has been volatile and shares of David Tepper’s Appaloosa Management LP’s 13F portfolio could decline if the market falls. Nevertheless, there’s also opportunity for long term investors that invest in the right quality stocks.
Methodology
For our list, we picked the top 40 holdings of billionaire David Tepper’s Appaloosa Management LP according to its 13F filing as of Q2 2022. The stocks were then sorted based on the number of hedge funds holders in Insider Monkey’s database with long positions in these stocks. We took the top ten holdings of that list and ranked them from #10 to #1.
10 Stocks to Buy Now According to Billionaire David Tepper
10. UnitedHealth Group Inc. (NYSE:UNH)
Number of Hedge Fund Holders: 91
Appaloosa Management LP’s Stake Value: $77,045,000
Percentage of Appaloosa Management LP’s 13F Portfolio: 4.83%
UnitedHealth Group Inc. (NYSE:UNH) is a healthcare technology company based in Minnesota providing health coverage, software, data, and consultancy services. Its health insurance business utilizes technology and data capabilities to help coordinate patient care, improve affordability, analyze cost trends, manage pharmacy benefits, and create a simpler consumer experience.
David Tepper’s Appaloosa Management LP owns 150,000 shares of UnitedHealth Group Inc. (NYSE:UNH), accounting for 4.83% of its 13F portfolio. The hedge fund decreased its stake by 11% in Q2 2022, as compared to the previous quarter.
Earlier this year in July, UnitedHealth Group Inc. (NYSE:UNH) released the financial results for Q2 2022. Its revenue increased by 13% y-o-y to $80.3 billion, while its net income increased by 19% y-o-y to $5.2 billion, for three months ended June 30, 2022. It reported a normalized EPS of $5.57, beating the consensus by $0.36. It declared a quarterly cash dividend of $1.65 per share.
Earlier in September, UnitedHealth Group Inc. (NYSE:UNH) announced a 10-year partnership with Walmart Inc. (NYSE:WMT) to collaborate in value based care relationships. As part of the partnership, select Walmart Health locations will improve health outcomes for people, powered by clinical capabilities of Optum, a UnitedHealth Group Inc. (NYSE:UNH) business. Following the announcement, Deutsche Bank analyst George Hill raised the firm’s price target on its shares to $569 from $556 and maintains a ‘Buy’ rating.
As of Q2 2022, 91 of the 895 hedge funds tracked by Insider Monkey owned shares of UnitedHealth Group Inc. (NYSE:UNH), valued at $10.9 billion. Its largest shareholder was GQG Partners with ownership of 3.1 million shares valued at $1.6 billion.
Alongside Meta Platforms, Inc. (NASDAQ:META), Amazon.com, Inc. (NASDAQ:AMZN), and Microsoft Corporation (NASDAQ:MSFT), UnitedHealth Group Inc. (NYSE:UNH) is one of Billionaire David Tepper’s Appaloosa Management LP’s top holdings at the end of Q2 2022.
9. Netflix, Inc. (NASDAQ:NFLX)
Number of Hedge Fund Holders: 95
Appaloosa Management LP’s Stake Value: $8,744,000
Percentage of Appaloosa Management LP’s 13F Portfolio: 0.54%
Netflix, Inc. (NASDAQ:NFLX) is a leading provider of streaming entertainment services based in Los Gatos, California. It boasts more than 220 million paid memberships across more than 190 countries and offers a film and television series library through distribution deals as well as its own productions.
David Tepper’s Appaloosa Management LP owns 50,000 shares of Netflix, Inc. (NASDAQ:NFLX), accounting for 0.54% of its 13F portfolio. Netflix, Inc. (NASDAQ:NFLX) was among the eight new additions to Appaloosa Management LP’s 13F Portfolio in Q2 2022 including Salesforce, Inc. (NYSE:CRM), Alibaba Group Holding Limited (NYSE:BABA), and The Walt Disney Company (NYSE:DIS), among others.
As of Q2 2022, 95 of the 895 hedge funds tracked by Insider Monkey held shares of Netflix, Inc. (NASDAQ:NFLX), worth $4.7 billion. Ken Fisher’s Fisher Asset Management was its largest shareholder with ownership of 6.5 million shares valued at $1.1 billion.
Here is what Oakmark Fund has to say about Netflix, Inc. (NASDAQ:NFLX) in its Q2 2022 investor letter:
“Netflix‘s stock price was down considerably after providing a weaker than expected outlook for both subscriber growth and profit margins. After meeting with management and scrutinizing our investment thesis, we lowered our estimate of business value to account for the company’s softer near-term guidance. However, we believe the decline in the company’s share price more than adjusts for this. Indeed, Netflix now trades for a discount to the S&P 500 Index on next year’s GAAP earnings despite our view that the company remains a much better than average business run by a highly accomplished management team. We believe the company’s lead in streaming remains intact and we expect terminal operating margins to be substantially higher than they are today. Furthermore, we are encouraged by Netflix’s potential to enhance revenue growth through advertising, the monetization of password sharing and further penetrating international markets.”
8. Alibaba Group Holding Limited (NYSE:BABA)
Number of Hedge Fund Holders: 106
Appaloosa Management LP’s Stake Value: $11,368,000
Percentage of Appaloosa Management LP’s 13F Portfolio: 0.71%
Hangzhou, China-based Alibaba Group Holding Limited (NYSE:BABA) is a leading ecommerce company with businesses comprising China commerce, international commerce, local consumer services, logistics services, cloud, digital media and entertainment, innovation initiatives and others. Its consumer facing businesses in China have combined annual active consumers of more than 1 billion.
David Tepper’s Appaloosa Management LP owns 100,000 shares of Alibaba Group Holding Limited (NYSE:BABA), accounting for a 0.71% weightage in the hedge fund’s 13F portfolio. Similar to Netflix, Inc. (NASDAQ:NFLX), Salesforce, Inc. (NYSE:CRM), and The Walt Disney Company (NYSE:DIS), among others, Alibaba Group Holding Limited (NYSE:BABA) was a new addition to the portfolio in Q2 2022.
In August, Alibaba Group Holding Limited (NYSE:BABA) released its financial results for the quarter ended June 30, 2022. Its revenue remained stable on an y-o-y basis at $30.7 billion, while net income declined by 53% y-o-y to $3 billion, for the three months. It reported a normalized EPS of $1.74 for the quarter, surpassing analyst consensus by $0.20.
As of Q2 2022, 106 of the 895 hedge funds tracked by Insider Monkey were long Alibaba Group Holding Limited (NYSE:BABA) shares, for a total value of $7.4 billion. Ken Fisher’s Fisher Asset Management was its largest shareholder with ownership of 14.5 million shares valued at $1.6 billion.
Although the potential for delisting could send Alibaba Group Holding Limited (NYSE:BABA) shares lower, some funds are bullish. This is what Artisan Partners, an investment management firm, had to say about Alibaba Group Holding Limited (NYSE:BABA) in its Q2 2022 investor letter:
“Despite the poor recent results, Alibaba remains a powerful economic engine. It is a global leader in e-commerce and cloud computing, both of which should grow nicely over time. Management has started taking actions to improve profitability, which has been burdened by significant investment in loss-making business ventures. The financial results should improve significantly when China’s economy starts to recover from COVID-19 outbreaks. The shares are incredibly cheap and have some of the highest upside potential in the portfolio. Even embedding significant losses from new ventures, we estimate they are trading at 11X-12X unlevered earnings. In our view, the shares could double, and they still would not be expensive.”
7. The Walt Disney Company (NYSE:DIS)
Number of Hedge Fund Holders: 109
Appaloosa Management LP’s Stake Value: $4,720,000
Percentage of Appaloosa Management LP’s 13F Portfolio: 0.29%
Based in Burbank, California, Walt Disney Company (NYSE:DIS) is a worldwide entertainment company operating across Media and Entertainment Distribution, and Parks, Experiences and Products segments. It operates 6 resort destinations with 12 theme parks and 53 resorts in the US, Europe, and Asia; a cruise line with 4 ships; a beach resort in Hawaii; vacation ownership program; and two guided tour adventure businesses. The company is also home to entertainment brands such as ESPN, Disney+, Hulu, Marvel Studios, and National Geographic, among others.
David Tepper’s Appaloosa Management LP owns 50,000 shares of Walt Disney Company (NYSE:DIS), accounting for 0.29% of its 13F portfolio. Similar to Netflix, Inc. (NASDAQ:NFLX), Salesforce, Inc. (NYSE:CRM), and Alibaba Group Holding Limited (NYSE:BABA), among others, The Walt Disney Company (NYSE:DIS) was a new addition to the portfolio in Q2 2022.
Earlier this year in August, Walt Disney Company (NYSE:DIS) released its financial results for the quarter ended July 2, 2022. Its total revenues increased by 26% y-o-y to $21.5 billion, while its net earnings increased by 34% y-o-y to $1.5 billion, for the three months. The normalized EPS was recorded at $1.09 per share, beating the consensus by $0.10.
As of Q2 2022, 109 hedge funds tracked by Insider Monkey held shares of Walt Disney Company (NYSE:DIS), worth $3.2 billion.
Here is what Oakmark Fund had to say about The Walt Disney Company (NYSE:DIS) in its Q2 2022 investor letter:
“Disney (NYSE:DIS) is one of the most beloved consumer companies in the world. Its media business has a rich library of intellectual property, which provides a powerful engine for creating new content across the Disney, Pixar, Marvel, and Star Wars brands. This content also contributes to the success of Disney’s theme parks, which generated nearly half the company’s earnings and grew more than 10% annually in the decade prior to the pandemic. Shares have fallen nearly 50% over the past year as investors worried about the company’s ability to transition its media business to a direct-to-consumer streaming world. This transition has required management to make investments in its Disney+ streaming service that are depressing profitability today. However, we believe these investments will ultimately produce attractive returns as Disney+ continues to grow subscribers and increase pricing over time. As a result, we were able to purchase shares at a substantial discount to our estimate of intrinsic value.”
6. Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holders: 116
Appaloosa Management LP’s Stake Value: $33,008,000
Percentage of Appaloosa Management LP’s 13F Portfolio: 2.07%
San Francisco, California-based Salesforce, Inc. (NYSE:CRM) is the world’s leading customer relationship management platform provider. Its cloud-based platform has applications for sales, service, marketing, and more, with more than 150,000 companies using the platform.
David Tepper’s Appaloosa Management LP owns 200,000 shares of Salesforce, Inc. (NYSE:CRM), accounting for 2.07% of its 13F portfolio. Similar to Netflix, Inc. (NASDAQ:NFLX), The Walt Disney Company (NYSE:DIS), and Alibaba Group Holding Limited (NYSE:BABA), among others, Salesforce, Inc. (NYSE:CRM) was a new addition to the portfolio in Q2 2022.
In August, Salesforce, Inc. (NYSE:CRM) reported the financial results for the quarter ended July 31, 2022. Its revenue increased by 22% y-o-y to $7.7 billion, while it generated a net income of $68 million, for the quarter. It reported a normalized EPS of $1.19 for the quarter, beating the consensus by $0.16.
According to the Insider Monkey data on 895 leading hedge funds, 116 hedge funds were long Salesforce, Inc. (NYSE:CRM) shares as of Q2 2022, with the total shares held by hedge funds valued at $7.9 billion. Ken Fisher’s Fisher Asset Management was the largest shareholder on record with ownership of 15.7 million shares valued at $2.6 billion.
This is what Eagle First Investments had to say about Salesforce, Inc. (NYSE:CRM) in its Q2 2022 investor letter:
“Salesforce is a prime example of our big-tent approach to value investing. Though the US-based provider of cloud-based customer-relationship management (CRM) software would be considered a growth stock by many metrics, we believe its profile is suggestive of a business with unrecognized franchise value that may make for an attractive investment opportunity at an appropriate “margin of safety.” Salesforce has a dominant market position in the CRM space, especially in a cloud segment that by our estimate has been growing at approximately 20% per year as enterprises increasingly embrace the benefits of software-as-a-service. Recent years have seen the company prudently adapt its offerings through organic product extensions and expand into adjacent verticals through acquisition while migrating toward an integrated CRM platform model. Salesforce’s mature, durable market position, track record of cash flow generation and well-aligned management team gives us confidence that it possesses identifiable franchise value—in contrast with many of its peers in the technology space, whose investors often are paying for unrealized earnings and early-stage business development strategies.”
Like Salesforce, Inc. (NYSE:CRM), Meta Platforms, Inc. (NASDAQ:META), Amazon.com, Inc. (NASDAQ:AMZN), and Microsoft Corporation (NASDAQ:MSFT) are top holdings of billionaire David Tepper’s Appaloosa Management LP at the end of Q2 2022.
5. Uber Technologies, Inc. (NYSE:UBER)
Number of Hedge Fund Holders: 129
Appaloosa Management LP’s Stake Value: $20,460,000
Percentage of Appaloosa Management LP’s 13F Portfolio: 1.28%
San Francisco, California-based, Uber Technologies, Inc. (NYSE:UBER) provides technology platforms matching consumers looking for rides and independent ride services providers. It also offers other forms of transportation including public transit, bikes, and scooters. Other offerings include food delivery on demand, freight services, business fleet services, and same day delivery options. It operates in over 70 countries worldwide and boasted 115 million monthly active platform consumers as of March 31, 2022.
David Tepper’s Appaloosa Management LP owns 1,000,000 shares of Uber Technologies, Inc. (NYSE:UBER), accounting for 1.28% of its 13F portfolio. The hedge fund shed its stake by 51% in Q2 2022, as compared to the previous quarter.
Earlier this year in August, Uber Technologies, Inc. (NYSE:UBER) released its financial results for the quarter ended June 30, 2022. Its total revenue increased by 106% y-o-y to $8.1 billion, while it reported a net loss of $2.6 billion, for the three months. The normalized EPS was recorded at -$0.03 for the quarter, beating the consensus by $0.02.
As of Q2 2022, 129 of the 895 hedge funds tracked by Insider Monkey were long Uber Technologies, Inc. (NYSE:UBER), holding shares worth $5.3 billion. Ken Fisher’s Fisher Asset Management was the largest shareholder with ownership of 24.5 million shares valued at $501 million.
4. Alphabet Inc. (NASDAQ:GOOG)
Number of Hedge Fund Holders: 153
Appaloosa Management LP’s Stake Value: $218,745,000
Percentage of Appaloosa Management LP’s 13F Portfolio: 13.73%
Alphabet Inc. (NASDAQ:GOOG), based in Mountain View, California, is the parent company of several companies including the Google, Verily Life Sciences, GV (formerly Google Ventures), Calico, and X-the moonshot factory. Majority of its revenue is generated by Google Services which comprises of ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.
Alphabet Inc. (NASDAQ:GOOG) is ranked #1 on the list of David Tepper’s Appaloosa Management LP’s holdings based on its portfolio weight of 13.73% as of Q2 2022. The hedge fund holds 100,000 shares of Alphabet Inc. (NASDAQ:GOOG), 16% less than the number of shares held at the end of the previous quarter.
Alphabet Inc. (NASDAQ:GOOG) announced the release of Android 13 earlier in August, adding multiple new features focused on personalization and privacy. Alphabet Inc. (NASDAQ:GOOG) released the financial results for Q2 2022 earlier this year in July. Its revenue increased by 13% y-o-y to $69.7 billion, while its net income decreased by 16% y-o-y to $16 billion, for three months ended June 30, 2022. It reported an EPS of $1.21, missing the consensus by $0.08.
Alphabet Inc. (NASDAQ:GOOG) is one of the most commonly owned stock among the 895 hedge funds tracked by Insider Monkey. As of Q2 2022, 153 hedge funds owned shares of Alphabet Inc. (NASDAQ:GOOG), valued at $22.3 billion.
3. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders: 184
Appaloosa Management LP’s Stake Value: $161,250,000
Percentage of Appaloosa Management LP’s 13F Portfolio: 10.12%
Menlo Park, California-based Meta Platforms, Inc. (NASDAQ:META) is a technology conglomerate focused on building products and services that help people connect and communicate. Formerly known as Facebook, Inc., the tech conglomerate reports its business under two segments: Family of Apps – comprising social media web and smartphone apps Facebook, Instagram, Messenger, and WhatsApp; and Reality Labs – comprising augmented and virtual reality products including hardware, software, and content.
Meta Platforms, Inc. (NASDAQ:META) mainly generates revenue through advertising services on its platforms which boast a combined total of 3.65 billion monthly active users as of June 30, 2022.
Meta Platforms, Inc. (NASDAQ:META) is ranked #2 on the list of David Tepper’s Appaloosa Management LP’s holdings based on its portfolio weight of 10.12% as of Q2 2022. The hedge fund holds 100,000 shares of Meta Platforms, Inc. (NASDAQ:META), 13% more than the number of shares held at the end of the previous quarter.
In July, Meta Platforms, Inc. (NASDAQ:META) released the financial results for Q2 2022. Its total revenue declined by 1% y-o-y to $28.8 billion, while its net income declined by 36% y-o-y to $6.7 billion, for three months ended June 30, 2022. It reported a normalized EPS of $2.46 for the quarter, missing the consensus by $0.09.
In August, Morgan Stanley analyst reduced the price target on Meta Platforms, Inc. (NASDAQ:META) shares from $280 to $225, while Loop Capital lowered the price target from $180 to $165.
Meta Platforms, Inc. (NASDAQ:META) is among hedge funds’ favorites as 184 of the 895 hedge funds tracked by Insider Monkey hold its shares valued at a combined total of $18.2 billion. The social media company ranks #3 on the list of 10 stocks to buy now according to billionaire David Tepper based on the number of hedge funds invested in the stock.
Here is what Alger Capital specifically said about Meta Platforms, Inc. (NASDAQ:META):
“Meta Platforms, Inc. (NASDAQ:META) operates Facebook, the world’s largest social network. The digital advertising industry is taking market share of advertising dollars from print, radio, and tv media. However, concerns about brand risk, or having advertisements appear alongside of controversial content, caused brands and agencies to move budgets away from meta, resulting in disappointing revenue. Diminished ad tracking capability relative to consumer opt-out also weighed upon sentiment for meta shares. Meta’s share performance responded favorably, however, to first quarter results that that while not strong fundamentally, were positive against extremely low expectations among some investors. The positive contribution to portfolio performance was due to a sequential quarterly increase in customer utilization and management lowering its expense guidance $3 billion in order to protect earnings. In a market environment that is rewarding companies with relatively high current earnings, we believe Meta’s spending discipline resonated with investors.”
2. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 252
Appaloosa Management LP’s Stake Value: $159,315,000
Percentage of Appaloosa Management LP’s 13F Portfolio: 10%
Amazon.com Inc (NASDAQ:AMZN), is a multinational technology company operating online and physical stores where it sells its own products as well as allows third-party sellers to sell their products to consumers. It manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, and Ring, and develops and produces media content; and provides cloud computing services through Amazon Web Services platform. Its ecommerce platform is home to more than 1.7 million small and medium businesses.
Amazon.com Inc (NASDAQ:AMZN) ranks #3 on the list of David Tepper’s Appaloosa Management LP’s holdings based on its portfolio weight of 10% as of Q2 2022. The hedge fund holds 1,500,000 shares of Amazon.com Inc (NASDAQ:AMZN), 1,665% more than the number of shares held at the end of the previous quarter.
In July, Amazon released its financial results for the second quarter of 2022. Its total revenue increased by 7% y-o-y to $121.2 billion, while it reported a net loss of $2 billion for the three months ended June 30, 2022. The normalized EPS was recorded at (-$0.20) for the quarter, missing the consensus by $0.32.
Amazon.com Inc (NASDAQ:AMZN) is also highly sought after by hedge funds with the second highest number of hedge funds as 252 out of the 895 tracked by Insider Monkey hold its shares with a total value of $30.1 billion. The ecommerce giant ranks #2 on the list 10 stocks to buy now according to billionaire David Tepper based on the number of hedge funds invested in the stock.
Oakmark Funds, an investment management firm, mentioned Amazon.com, Inc. (NASDAQ:AMZN) in its second quarter of 2022 investor letter. Here’s what they said:
“Amazon (NASDAQ:AMZN) is the leading e-commerce and cloud-computing provider in the world. Two-thirds of U.S. households are Amazon Prime subscribers, and over half of all online product searches now start on Amazon. We believe the company’s strong customer loyalty and massive infrastructure are significant barriers to entry in a growing e-commerce market. Separately, Amazon Web Services (“AWS”) controls nearly half of the market in cloud computing. We believe AWS has become utility-like in nature and scale and we expect healthy growth moving forward as IT workloads continue moving to the cloud. More recently, concerns about rising investment spending have weighed on the stock-as they have in times past-providing us another opportunity to purchase shares at a very attractive price. At our purchase price and valuing AWS like its peers, an investor isn’t paying much of anything for the immensely valuable e-commerce franchise.”
1. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 258
Appaloosa Management LP’s Stake Value: $64,208,000
Percentage of Appaloosa Management LP’s 13F Portfolio: 4.03%
Redmond, Washington-based Microsoft Corporation (NASDAQ:MSFT) is a leading technology company with products include operating systems, cross-device productivity applications, server applications, business solution applications, desktop and server management tools, software development tools, and video games. Microsoft Corporation (NASDAQ:MSFT) boasts over 1.4 billion monthly active devices running its flagship operating system, Windows 10 or 11.
David Tepper’s Appaloosa Management LP owns 250,000 shares of Microsoft Corporation (NASDAQ:MSFT), accounting for 4.03% of its 13F portfolio. The hedge fund shed its stake by 32% in Q2 2022, as compared to the previous quarter.
In July, Microsoft Corporation (NASDAQ:MSFT) reported its earnings for the quarter ended June 30, 2022. Its revenue increased by 12% y-o-y to $51.9 billion, while net income increased by 2% y-o-y to $16.7 billion. It recorded a normalized EPS of $2.23, missing consensus by $0.06.
Earlier this year, Microsoft agreed to acquire Activision Blizzard, Inc. (NASDAQ:ATVI) in an all-cash transaction valued at $68.7 billion. The proposed acquisition is expected to accelerate growth in Microsoft’s Gaming business across mobile, PC, console, and cloud.
As of Q2 2022, Microsoft Corporation (NASDAQ:MSFT) is the most sought-after stock among the 895 hedge funds tracked by Insider Monkey as 258 of these hedge funds held shares in the software giant, valued at $56 billion. The software giant ranks #1 on the list 10 stocks to buy now according to billionaire David Tepper based on the number of hedge funds invested in the stock.
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Disclosure: None. 10 Stocks to Buy Now According to Billionaire David Tepper is originally published on Insider Monkey.
