5 Stocks Hedge Fund Legend Donald Sussman is Buying

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Below we present the list of 5 stocks hedge fund legend Donald Sussman is buying. If you want to read our detailed analysis of Donald Sussman’s history, investment philosophy, and hedge fund performance, and go directly to 10 Stocks Hedge Fund Legend Donald Sussman is Buying.

5. Cardinal Health, Inc. (NYSE:CAH)

Kicking off the second half of our list is Cardinal Health, Inc. (NYSE:CAH), which Donald Sussman’s Paloma Partners bought 104,289 shares of during Q3, valued at $5.16 million at the end of September. Overall hedge fund ownership of CAH fell by 20% between Q3 2020 and Q3 2021.

Cardinal Health, Inc. (NYSE:CAH) is one of the rare healthcare services companies that also happens to be a dividend aristocrat, having boosted its dividend payments each year for a quarter-century. Cardinal Health, Inc. (NYSE:CAH)’s shares currently boast a forward yield of 3.75%. Cardinal Health pulled in $43.97 billion in revenue during Q3, a 12.55% year-over-year surge, though its earnings of $1.29 missed estimates by 6%.

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