5 Stocks to Buy Now According to Hari Hariharan’s NWI Management

In this article, we discuss 5 stocks to buy now according to Hari Hariharan’s NWI Management. If you want to read our detailed analysis of Hariharan’s history and hedge fund performance, go directly to 10 Stocks to Buy Now According to Hari Hariharan’s NWI Management.

5. Alcoa Corporation (NYSE:AA)

NWI Management Stake Value: $35,748,000
Percentage of NWI Management’s 13F Portfolio: 2.34%
Number of Hedge Fund Holders: 41

Alcoa Corporation (NYSE:AA) manufactures bauxite, alumina, and aluminium in various cast and rolled forms. As part of a more significant analysis on Metals & Mining, Goldman Sachs analyst Emily Chieng boosted her price target on Alcoa Corporation (NYSE:AA) to $88 from $78 and maintained a Conviction Buy rating on the stock on February 15.

NWI Management started building its position in Alcoa Corporation (NYSE:AA) in the fourth quarter of 2020. In the fourth quarter of 2021, the hedge fund held 600,000 shares of the company, valued at $35.75 million. Alcoa Corporation (NYSE:AA) represents 2.34% of the hedge fund’s 13F portfolio.

41 out of the 924 hedge funds tracked by Insider Monkey held stakes in Alcoa Corporation (NYSE:AA) in the fourth quarter of 2021, worth $1.48 billion, compared to 44 in the preceding quarter, holding stakes in Alcoa Corporation (NYSE:AA) valued at $1.74 billion.