Abrams Capital 13F: 5 Best Stocks To Buy

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In this piece, we will take a look at Abrams Capital’s 13F portfolio and the five best stocks to buy. If you want to learn more about the value investor and his firm’s approach, check out Abrams Capital 13F: 10 Best Stocks To Buy.

5. Energy Transfer LP (NYSE:ET)

Abrams Capital’s Q3 2023 Investment: $250 million

Energy Transfer LP (NYSE:ET) is a petroleum products midstream company that transports natural gas, crude oil, and associated products. A slowdown in gas prices in 2023 after the 2022 Russian invasion of Ukraine has led to the firm not beating analyst EPS estimates in any of its four latest quarters. However, the stock is still rated Strong Buy on average.

By the end of this year’s June quarter, 34 out of the 910 hedge funds part of Insider Monkey’s database had bought Energy Transfer LP (NYSE:ET)’s shares. David Abrams’ Abrams Capital Management owned the biggest stake among these which was worth $226 million.

Follow Energy Transfer Lp (NYSE:ET)

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