5 Best Stocks To Buy According To Jay Genzer’s Thames Capital Management

4. Visa Inc. (NYSE:V)

Thames Capital Management’s Stake Value: $16.3 million
Percentage of Thames Capital Management’s 13F Portfolio: 3.82%
Number of Hedge Fund Holders: 162

Visa Inc. (NYSE:V) is a multinational financial services company that enables the electronic transfer of funds throughout the world. Based in California, the company ranks fourth on our list of the 10 best stocks to buy according to Jay Genzer’s Thames Capital Management.

At the end of the second quarter of 2021, 162 hedge funds in the database of Insider Monkey held stakes worth $27.6 billion in Visa Inc. (NYSE:V), down from 164 in the previous quarter with stakes worth $26.5 billion.

According to our database, Thames Capital Management holds 69,782 shares of Visa Inc. (NYSE:V). These shares are valued at $16.3 million and account for 3.82% of the investment firm’s 13F portfolio.

On August 17, JPMorgan analyst Tien-tsin Huang raised the firm’s price target on Visa Inc. (NYSE:V)to $267 from $249, and kept an Overweight rating on the shares.

In its Q1 2021 investor letter, ClearBridge Investments declared selling off companies that were not as profitable in order to make room to add Visa Inc. (NYSE:V) to their portfolio. Here is what the fund said:

“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.”