5 Best Stocks to Buy in Falling Markets According to Analysts

3. Liberty Broadband Corporation (NASDAQ:LBRDA)

Number of Q4 2023 Hedge Fund Shareholders: 19

Share Price Target Upside: 94.38%

Latest Average Share Price Target: $112

Liberty Broadband Corporation (NASDAQ:LBRDA) is an American firm known to provide users in Alaska with telecommunications coverage and services. Amidst a disappointing set of earnings results that has seen several misses, the firm sought to assuage investors in March 2024 when it declared a 44 cent dividend for its preferred stock.

Insider Monkey’s fourth quarter of 2023 survey covering 933 hedge funds revealed 19 Liberty Broadband Corporation (NASDAQ:LBRDA) shareholders. Robert Henry Lynch’s Aristeia Capital was the biggest investor through its $497 million investment.

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