5 Best Stocks to Buy and Hold According to Billionaire Carl Icahn

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In this article, we discuss 5 best stocks to buy and hold according to billionaire Carl Icahn. If you want to see more stocks in this selection, check out 15 Best Stocks to Buy and Hold According to Billionaire Carl Icahn

5. Xerox Holdings Corporation (NASDAQ:XRX)

Number of Hedge Fund Holders: 24

Icahn Capital LP’s Stake Value: $527,378,000

Xerox Holdings Corporation (NASDAQ:XRX) specializes in workplace technology, focusing on designing, developing, and selling document management systems and solutions. In Q1 2023, billionaire Carl Icahn reported owning 34.2 million shares of Xerox Holdings Corporation (NASDAQ:XRX), worth $527.3 million and representing 2.39% of the total 13F securities. 

On January 30, Loop Capital analyst Ananda Baruah increased the price target for Xerox Holdings Corporation (NASDAQ:XRX) to $17 from $15 and maintained a Hold rating on the company’s shares following its Q4 earnings surpassing expectations. 

According to Insider Monkey’s fourth quarter database, 24 hedge funds were bullish on Xerox Holdings Corporation (NASDAQ:XRX), compared to 26 funds in the prior quarter. 

Follow Xerox Holdings Corp (NYSE:XRX)

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