5 Cheap Value Stocks To Buy According To Seth Klarman

4. Altice USA, Inc. (NYSE:ATUS)

Baupost Group’s Q1 2023 Investment: $16.3 million

Altice USA, Inc. (NYSE:ATUS) is a telecommunications firm that offers broadband, telephony, and other services. The firm announced in July 2023 that it had increased the footprint of its fiber network by providing access to nearly an additional two million people.

By the end of this year’s first quarter, 27 of the 943 hedge funds profiled by Insider Monkey had owned and invested in Altice USA, Inc. (NYSE:ATUS). Out of these, the firm’s largest shareholder is Cliff Asness’ AQR Capital Management courtesy of a stake worth $51 million.

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