5 Best Value Stocks to Invest In Right Now According to Billionaire Abrams

4. AMERCO (NASDAQ: UHAL)

 Stake Value: $ 343,827,000
Percentage of  David Abrams’ 13F Portfolio: 7.74%
Number of Hedge Fund Holders: 21

AMERCO (NASDAQ: UHAL) operates as a moving and storage operator for household and commercial goods in the US and Canada.

In March, AMERCO (NASDAQ: UHAL) announced that its subsidiary U-HAUL plans to launch a self-storage facility in Winona, Minnesota. The stock has gained 106.02% over the past one year. For Q3 2021 the company posted EPS of $2.25 and a revenue of $1.17 billion up 26.10% YoY. Like Alphabet Inc. (NASDAQ: GOOG) and Facebook, Inc. (NASDAQ: FB),  AMERCO is one of the best stocks in Abrams’ portfolio. The company ranks 4th in the list of 10 best value stocks to invest in right now according to billionaire Abrams. Cliff Asness’ AQR Capital Management upped its stake by 50% in Q1 2021 in the company.

Third Avenue Management, in its Real Estate Value Fund Q1 2021 investor letter, mentioned AMERCO (NASDAQ: UHAL). Here is what the fund said:

“While the bulk of the “action” occurred at the corporate level this quarter, the Fund did engage in modest changes during the period. Most notably, the Fund trimmed back its positions in the common stock of AMERCO (the leading provider of self-moving equipment and self-storage facilities in the U.S. through its U-Haul subsidiaries). The proceeds from this activity were primarily allocated to increasing the Fund’s more recently established positions.”