5 Best Stocks to Buy in 2021 According to Billionaire Prem Watsa

4. Stellantis N.V. (NYSE: STLA)

Watsa’s Stake Value: $1,590,000
Percentage of Prem Watsa’s 13F Portfolio: 0.05%
No. of Hedge Fund Holders: 4

Stellantis N.V. (NYSE: STLA) is a designer, developer, and distributor of pickup trucks, passenger vehicles, and light commercial vehicles globally. It ranks 4th on the list of best stocks to buy in 2021 according to billionaire Prem Watsa. Fairfax added this stock to its portfolio in the latest quarter by buying 89,713 shares.

The company has announced plans to start delivering its hydrogen fuel cells-powered medium-sized vans to Europe by the end of 2021. According to Stellantis N.V. (NYSE: STLA), the vehicles will be able to run for 249 miles and can be refueled with hydrogen in around three minutes.