5 Stocks to Buy Now According to Billionaire Howard Marks

4. Torm PLC (NASDAQ:TRMD)

Holding Value: $ 476.29 million

Percentage of 13F portfolio: 6.39%

Number of Hedge Fund Holders: 6

At the end of June, Oaktree Capital Management reported a position worth $476.29 million consisting of 53.81 million shares of Torm PLC (NASDAQ:TRMD). Apart from Marks, five other hedge funds tracked by Insider Monkey were bullish on Torm PLC (NASDAQ:TRMD) at the end of June, up from four over the last quarter.

Headquartered in London, Torm PLC (NASDAQ:TRMD) deals in the ownership and operation of product tankers, transporting refined and crude oil products around the world. In the second quarter, Torm PLC (NASDAQ: TRMD) posted EPS of $0.04, beating estimates by $0.11, while its revenue of $150.80 million was $57.80 million higher than anticipated.