5 Stocks to Buy Now According to Billionaire Howard Marks

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In this article, we will be looking at 5 stocks to buy now according to billionaire Howard Marks. If you want to see our detailed analysis of Mark’s history and hedge fund performance, go directly to the 10 Stocks to Buy Now According to Billionaire Howard Marks.

5. Americold Realty Trust (NYSE:COLD)

Holding Value: $445.56 million

Percentage of 13F portfolio: 5.98%

Number of Hedge Fund Holders: 16

Starting off our list of top 5 stocks to buy now according to Billionaire Howard Marks is Americold Realty Trust (NYSE:COLD), a Real Estate Investment Trust that develops and operates temperature-controlled warehouses. According to its latest 13F filing, Oaktree Capital Management owns 11.77 million shares of the company, valued at $445.56 million.

As of the end of the second quarter, 16 hedge funds from our database held positions in the Americold Realty Trust (NYSE:COLD) worth $530.32 million, compared to the same number of funds holding $804.69 million worth of stock a quarter earlier.

In the second quarter of 2021, Americold Realty Trust (NYSE:COLD) posted funds from operations of $0.15, missing estimates by $0.14. The company garnered $654.71 million in quarterly revenue, beating analysts’ forecasts by $4.92 million. In addition, it lowered its Adjusted Funds From Operations projection for fiscal 2021 to between $1.15 and $1.20 from the previous range of $1.34 to $1.40.

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