5 Under-the-Radar Stocks Billionaires Are Loading Up On

3. Westinghouse Air Brake Technologies Corporation (NYSE:WAB)

Number of Billionaire Investors: 14
Number of Hedge Fund Holders: 52

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) is next on our list of under-the-radar stocks billionaires are piling into. The industry company was a popular buy among elite funds in Q1 2023. As per Insider Monkey’s database, 52 hedge funds owned stakes in the company in Q1, up from 41 in the previous quarter. Their collective stake value is over $2.76 billion. Billionaire Thomas Steyer was one of the company’s leading stakeholders in Q1.

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) is also a dividend stock, offering a quarterly dividend of $0.17 per share to shareholders. The stock’s dividend yield on June 8 came in at 0.69%.

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