5 Best Stocks to Buy Now According to Michael Platt’s BlueCrest Capital

3. Clarivate Plc (NYSE:CLVT)

BlueCrest Capital Management’s Stake Value: $35.7M

Percentage of BlueCrest Capital’s 13F Portfolio: 1.16%

Number of Hedge Fund Holdings: 36

Based in Philadelphia and London, Clarivate Plc (NYSE:CLVT) is an American publicly traded analytics company which runs multiple subscription-based services, in the areas of bibliometrics, scientometrics, market intelligence and much more. Formed in 2016, Clarivate Plc (NYSE:CLVT) has made a reputation for itself within the scientific community as one of the only companies to calculate the ‘impact factor’. Hedge fund sentiment around the stock has decreased this quarter, with 36 hedge funds investing in the stock, down from the preceding quarter where the number of long hedge fund positions was 42.

Here is what Baron Asset Fund has to say about Clarivate Plc (NYSE:CLVT) in its Q1 2022 investor letter:

“We reduced our stake in Clarivate Plc (NYSE:CLVT), an information services company focused on the scientific and academic markets, after the company reported particularly disappointing fourth quarter earnings results.”