Aggressive Stock Portfolio: 5 Stocks Picked by Analysts

4. Telephone & Data Systems, Inc. (NYSE:TDS)

Average Analyst Price Target as of March 28: $26.67

Upside Potential as of March 28: 66.48%

Number of Hedge Fund Holders: 28

Telephone & Data Systems, Inc. (NYSE:TDS) is a diversified telecommunications company that provides wireless products and services; cable and wireline broadband, video and voice services; and hosted and managed services to approximately 6 million customers in the US.

On February 16, Telephone & Data Systems, Inc. (NYSE:TDS) released its financial results for Q4 2023 with operating revenues of $1.3 billion and a net loss of $523 million.

As of Q4 2023, Telephone & Data Systems, Inc. (NYSE:TDS) shares were owned by 28 hedge funds tracked by Insider Monkey, the second highest on our list of aggressive stock portfolio: 13 stocks picked by analysts. Dan Loeb’s Third Point was its lead hedge fund shareholder with ownership of 2.1 million shares valued at $39 million.