5 Best Extremely Profitable Stocks to Invest in

2. Liberty Broadband Corporation (NASDAQ:LBRDK)

Number of Q4 2023 Hedge Fund Shareholders: 53

Latest Trailing Twelve Month Net Margin: 70.13%

Liberty Broadband Corporation (NASDAQ:LBRDK) is an Englewood, Colorado based telecommunications company that provides mobile, internet, and other associated services. The fact that its stock is down by a whopping 33% over the past twelve months is unsurprising given that the firm has missed analyst EPS estimates in all four of its latest quarters.

Insider Monkey scoured through 933 hedge fund portfolios for their December quarter of 2023 shareholdings and found that 54 had bought Liberty Broadband Corporation (NASDAQ:LBRDK)’s shares.