5 Best Value Stocks To Buy Now According To Seth Klarman

4. Viasat, Inc. (NASDAQ: VSAT)

Billionaire investor Seth Klarman appears to be the biggest fan of broadband and communications products provider Viasat (NASDAQ: VSAT). Baupost Group first initiated a position in Viasat in 2008. The hedge fund has added to its existing position during the third quarter after more than a 50% drop in share price this year. It currently represents the fourth largest investment of Klarman, accounting for 6.04% of the overall portfolio.

Shares of broadband and communications products provider have been under pressure this year due to slowing demand and softening outlook. The intense market competition also played a big role in negative revenue growth trends.

Its revenue has been hanging around $5.5 million over the past several quarters. The pandemic related challenges have also impacted Viasat performance in the past few quarters. Viasat shares are currently trading around $34, down 40% in the past five years and 20% in the last ten years.