5 Value Stocks to Buy According to Billionaire Paul Tudor Jones

2. Magellan Health, Inc. (NASDAQ:MGLN)

Stake Value of Tudor Investment Corp : $40 million 

Number of Hedge Fund Holders: 23     

PE Ratio: 8.48

Magellan Health, Inc. (NASDAQ:MGLN) stock has jumped in recent months after the company received accreditation by the National Association of Boards of Pharmacy for a digital pharmacy practice. Under the Magellan Rx Pharmacy brand, the company will now deliver medicines directly to customers. Starboard Value LP, a New York-based investment firm, is bullish on the stock. At the end of the third quarter, it owned 2.3 million shares in the company worth more than $223 million.  

Magellan Health, Inc. (NASDAQ:MGLN) beat market estimates on revenue for the third quarter by $40 million. The hedge fund led by Paul Tudor Jones owned 426,462 shares in the company at the end of the third quarter of 2021 worth $40 million. The firm recently expanded the Navigate Whole Health program to include AIDS Drug Assistance as well. It has a market cap of almost $2.5 billion.