5 Best Stocks to Buy According to Billionaire Jeffrey Talpins

4. Vipshop Holdings Limited (NYSE: VIPS)

Talpins’ Stake Value: $22,395,000
Percentage of Jeffrey Talpins’ 13F Portfolio: 5.12%
Number of Hedge Fund Holders: 54

Ranked 4th on the list of the 10 best stocks to buy according to billionaire Jeffrey Talpins is Vipshop Holdings Limited (NYSE: VIPS). Element Capital Management has 750,000 shares worth $22.4 million in the company. The company’s reported first-quarter earnings were better than expected this year, with revenue in line. However, its sales guidance was light, and the stock fell recently. Vipshop Holdings Limited (NYSE: VIPS) reported adjusted earnings of 37 cents per share on revenue of $4.33 billion so far this year.

The company is also getting the attention of the smart money, as 54 hedge funds tracked by Insider Monkey reported owning stakes in the company at the end of the first quarter, up from 27 funds a quarter earlier.