5 High Growth Value Stocks to Buy According to Seth Klarman

4. Warner Bros. Discovery, Inc. (NASDAQ:WBD)

Seth Klarman’s Stake Value: $316 million

Warner Bros. Discovery, Inc. (NASDAQ:WBD) shares have gained about 34% in 2023 through August 29.

As of the end of the second quarter of 2023, 67 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in Warner Bros. Discovery, Inc. (NASDAQ:WBD).

Earlier in August Warner Bros. Discovery, Inc. (NASDAQ:WBD) posted second-quarter results. GAAP EPS in the quarter came in at -$0.51 missing estimates by $0.10. Revenue in the quarter jumped 5.4% year over year to $10.36 billion, missing estimates by $80 million.