5 Best Stocks to Buy According to Billionaire Paul Tudor Jones

4. Liberty Broadband Corporation (NASDAQ:LBRDK)

Value: $68.94 million
Shares: 459,112
Percentage of 13F Portfolio: 1.38%

Next in line in our list of best stocks to buy according to billionaire Paul Tudor Jones is Liberty Broadband Corporation (NASDAQ:LBRDK), a cable operator and provider of video, Internet, and voice services in the United States. The company operates through two segments, namely Skyhook and Charter.

Liberty Broadband Corporation (NASDAQ:LBRDK), in their first-quarter report reported revenue of $246.53 million, which missed the consensus estimate by around $8.47 million. At the same time, the company’s GAAP EPS of $0.27 was $0.71 lower than expected.

There were 23 hedge funds in our database with long positions in Liberty Broadband Corporation (NASDAQ:LBRDK) at the end of March, down from 26 funds a quarter earlier. The total value of these funds’ holdings also declined to $774 million from $908 million during the first three months of 2021.

Alphyn Capital Management, an investment management firm, mentioned Broadband Corporation (NASDAQ:LBRDA) in their first quarter 2021 investor letter:

“Liberty Broadband completed its merger with GCI, thereby collapsing one layer of the double discount to Charter Communications, presenting a good opportunity to trim that position as well.”