5 Best Stocks to Buy According to Jacob Rothschild’s RIT Capital

4. Visa Inc. (NYSE: V)

RIT Capital’s Stake Value: $47,106,000
Percent of RIT Capital’s 13F Portfolio: 4.99%
Number of Hedge Fund Holders: 164

Visa Inc. (NYSE: V) is an American multinational financial services company and operates in digital payments globally. By the end of Q1 2021, RIT Capital owns 222,000 shares in the company, worth $47 million.

Visa Inc. (NYSE: V) reported a revenue of over $5.72 billion or $1.38 basic EPS in Q1, compared with $5.6 billion a quarter earlier. The stock is also up by 7.14% year to date. RIT Capital has increased its stake in Visa Inc. (NYSE: V) by 39% in Q1, making it one of the best stocks to buy according to Jacob Rothschild’s RIT Capital.

As of Q1, 164 hedge funds tracked by Insider Monkey hold stakes in Visa Inc. (NYSE: V), with a total value of $26.5 billion.

An investment management firm, ClearBridge Investments, published its ‘Select Strategy’ Q1 2021 investor letter and mentioned Visa Inc. (NYSE: V). Here is what the firm has to say:

“To make room for these new names with more attractive outlooks related to the reopening, we sold out of companies where the thesis is not playing out at the pace we expected including Visa.”