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

1. Coupang, Inc. (NYSE: CPNG)

RIT Capital’s Stake Value: $620,534,000
Percent of RIT Capital’s 13F Portfolio: 65.78%
Number of Hedge Fund Holders: 40

Coupang, Inc. (NYSE: CPNG) tops our list of the best stocks to buy according to Jacob Rothschild’s RIT Capital. It is an e-commerce company based in Seoul, South Korea. The company went public in March 2021 and raised $4.6 billion in its initial public offering IPO. RIT Capital owns over 16.2 million shares of the company, worth $620.5 million.

Coupang, Inc. (NYSE: CPNG) reported a revenue of over $4.2 billion in Q1 2021. The shares of the company are also up by 2% in the past month.

Out of 866 hedge funds in Insider Monkey’s database, 40 funds hold positions in Coupang, Inc. (NYSE: CPNG), which is a promising start for a newly public company. The total value of these stakes is over $21.6 billion.

You can also take a peek at 10 Best Stocks to Buy According to Billionaire Mason Hawkins and 10 Best Dividend Stocks to Buy According to Billionaire Philippe Laffont