3 Best Stocks to Buy According to ‘Warren Buffett of Brazil’

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1. Alphabet Inc. (NASDAQ:GOOG

3G Capital’s Stake Value: $15,255,000

Percentage of 3G Capital’s 13F Portfolio: 25.24%

Number of Hedge Fund Holders Class A shares: 191

Number of Hedge Fund Holders Class C shares: 153

Alphabet Inc. (NASDAQ:GOOG) was the only company in which 3G Capital initiated a stake during the second quarter and also ended up becoming the fund’s top stock pick at the end of that period. Shares of the search and advertising giant have depreciated close to 25% this year, but most analysts believe this decline has made them even more lucrative as the company’s business model and consistent humongous cash flow generation ability remains unmatched in the industry.

Alphabet Inc. (NASDAQ:GOOG) has seen a slew of departures over the past couple of weeks. On August 29, Variety reported that Robert Kyncl, a veteran executive and currently the chief business officer at YouTube, would be leaving the company after more than 12 years of service early next year. Then on August 30, Endpoint News revealed that the chief marketing officer at Alphabet Inc.’s (NASDAQ:GOOG) Verily life sciences unit, Andreas “Drew” Panayiotou, is leaving the company. Mr. Panayiotou will be joining Pfizer Inc. (NYSE:PFE) as biopharma global chief marketing officer, a newly created position, on September 19.

You can also look at  Billionaire Carl Icahn’s Latest Portfolio: Top 10 Stock Picks and 10 Best Stocks to Buy According to Billionaire Mario Gabelli

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