5 Stocks to Buy According to Teresa Barger’s Cartica Management

In this article, we discuss 5 stocks to buy according to Teresa Barger’s Cartica Management. If you want to read our detailed analysis of Barger’s investment philosophy and performance, go directly to 10 Stocks to Buy According to Teresa Barger’s Cartica Management. 

5. Huazhu Group Limited (NASDAQ:HTHT)

Cartica Management’s Stake Value: $21,202,000
Percentage of Cartica Management’s 13F Portfolio: 8.22%
Number of Hedge Fund Holders: 30

H World Group Limited (NASDAQ:HTHT), originally Huazhu Group Limited (NASDAQ:HTHT), is an investment holding firm in China. The company primarily operates in the German market and the local Chinese market. The company runs multi-brand hotels, serving all market sectors with a portfolio of more than 20 unique hotel brands.

Huazhu Group Limited (NASDAQ:HTHT) was downgraded to ‘Outperform’ from ‘Buy’ on August 30 by Daiwa analyst Carlton Lai, who raised the price objective to HK$34 from HK$32. Even though adjusted EBITDA came in over his Q2 prediction, Lai downgraded the stock due to reduced potential, given the firm’s high valuation and the unpredictability of China’s hotel demand.

Huazhu Group Limited (NASDAQ:HTHT) recently saw increased hedge fund sentiment. Huazhu Group Limited (NASDAQ:HTHT) was found in 30 hedge fund portfolios at the end of the second quarter of 2022. There were 27 hedge funds in our database with Huazhu holdings at the end of the previous quarter. Huazhu Group Limited (NASDAQ:HTHT) accounted for about 8.22% of Cartica Management’s portfolio, as the hedge fund owned a $21.20 million stake in the company.