5 Best Stocks to Buy According to Richard Mashaal’s Senvest Management

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1. eBay Inc. (NASDAQ: EBAY)

Mashaal’s Stake Value: $347,915,000
Percentage of Richard Mashaal’s 13F Portfolio: 10.95%
Number of Hedge Fund Holders: 51

eBay Inc. (NASDAQ: EBAY) is an American multinational e-commerce corporation. The company was founded in 1995, and it tops the list of 10 best stocks to buy according to Richard Mashaal’s Senvest Management. eBay currently has a $50.01 billion market capitalization and was able to deliver a 24.95% return in the past 12 months. 

On July 1, Piper Sandler analyst Thomas Champion raised the price target on eBay Inc. (NASDAQ: EBAY) to $81 from $71 and reiterated an “Overweight” rating on the shares after the company. 

Senvest Management holds 5.68 million shares in eBay (NASDAQ: EBAY) worth over $347 million, representing 10.95% of their portfolio. The hedge fund has increased stakes in the company by 60% in the past few months. 

ClearBridge Investments, in their second quarter 2021 investor letter, mentioned Sea Limited (NYSE: SE). Here is what the fund said:

“We have also been active in managing our growth exposure in the IT and Internet sectors. In addition to sales of several emerging growth names, we added a new emerging growth company in Sea Limited. Sea operates a leading global video game platform (Garena), the leading e-commerce platform in Southeast Asia (Shopee) and an emerging payments/digital banking segment (SeaMoney). While the company is investing heavily into e-commerce and payments, we like the fact that this growth is being funded by its highly profitable gaming segment. We see a long runway for growth across Sea’s businesses with multiple opportunities like e-commerce expansion in Latin America not fully factored into the valuation today. The company also has a well-respected management team that has successfully executed in expanding its total addressable market.”

You can also take a peek at 10 Best Stocks to Buy According to Chris James’ Engine No. 1 and 10 Best Stocks to Buy According to Bruce Berkowitz’s Fairholme Capital.

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