5 Best Stocks to Buy Today According to Wallace Weitz’s Hedge Fund

4. Liberty Broadband Corporation (NASDAQ:LBRDA)

Weitz Investment Management’s Stake Value: $108.45 million

Percentage of Weitz Investment Management’s 13F portfolio: 4.54%

Total Number of Hedge Fund Holders: 28

On the fourth spot among best stocks to buy now according to Wallace Weitz is Liberty Broadband Corporation (NASDAQ: LBRDA), a provider of cable, broadband internet and mobile GPS technologies. In its Q3 13F filings, Wallace Weitz’s hedge fund reported owning 628,000 shares in Liberty Broadband Corporation (NASDAQ: LBRDA).

On November 16, research firm Credit Suisse initiated coverage of Liberty Broadband Corporation (NASDAQ: LBRDA) with an ‘Outperform’ rating, and a $211 price target. This rating was provided by the firm’s analyst Grant Joslin.

As of the second quarter, 28 hedge funds out of the 873 tracked by Insider Monkey held stakes in Liberty Broadband Corporation (NASDAQ: LBRDA) worth $904.86 million in aggregate, compared to 23 hedge funds holding $774.86 million a quarter earlier.