5 Best Stocks to Buy According to Peter Lewis’ LFL Advisers

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In this article, we will be looking at 5 Best Stocks to Buy According to Peter Lewis’ LFL Advisers. If you want to see our detailed analysis of Lewis’ history and hedge fund performance, go directly to the 10 Best Stocks to Buy According to Peter Lewis’ LFL Advisers.

5. Bank of New York Mellon Corp. (NYSE:BK

Lewis’ Stake Value: $ 20,050,000

Percentage of Peter Lewis’ 13F portfolio: 9.36%

Number of Hedge Fund Holders: 52

Bank of New York Mellon Corp (NYSE: BK) ranks 5th on Peter Lewis’ list of top stocks to invest in. It is a bank holding company that deals in the provision of financial services through its two segments: Investment Services, and Investment and Wealth Management.

On 16th September, research firm Citigroup maintained its ‘Buy’ rating, setting a price target at $60.

During Q2 2021, Bank of New York Mellon Corp (NYSE: BK) earned a revenue of $3.96 billion, exceeding forecasts by $98.43 million. It posted an EPS value of $1.13, beating estimates by a margin of $0.13.

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