5 Best Stocks to Buy According to Ed Bosek’s BeaconLight Capital

4. Sabre Corporation (NASDAQ:SABR)

BeaconLight Capital’s Stake Value: $13.9 million

Percentage of BeaconLight Capital’s 13F Portfolio: 6.48%

Number of Hedge Fund Holders: 38

Sabre Corporation (NASDAQ:SABR) is a software and technology services solutions provider for the global travel industry. The firm is headquartered in Southlake, Texas, the United States.

Sabre Corporation (NASDAQ:SABR) is one of the three key players in the global distribution system (GDS) market that connects wholesale travel suppliers and buyers. Mizuho reduced the company’s share price target to $7 from $8 in September 2022, as it worried about a drop in global bookings this year.

BeaconLight Capital owned 2.3 million Sabre Corporation (NASDAQ:SABR) shares as part of its investments for this year’s second quarter. This allowed it to own a $13.9 million stake in the company. For the same time period, 38 of the 895 hedge funds polled by Insider Monkey had also invested in the firm.

Sabre Corporation (NASDAQ:SABR)’s largest investor is Terry Smith’s Fundsmith LLP which owns 22 million shares that are worth $130 million.