Billionaire Michael Platt’s Stunning Performance in 2021 and His Top 5 Stock Picks

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In this article, we discuss the billionaire Michael Platt’s stunning performance in 2021 and his top 5 stock picks. If you want to read our detailed analysis of these stocks, go directly to Billionaire Michael Platt’s Stunning Performance in 2021 and His Top 10 Stock Picks

5. New Frontier Health Corporation (NYSE:NFH)

Number of Hedge Fund Holders: 16  

Gain in Share Price in 2021: 29%        

New Frontier Health Corporation (NYSE:NFH) owns and runs healthcare facilities. A growing number of hedge funds have turned bullish on New Frontier Health Corporation (NYSE:NFH) stock in the past few months. At the end of the third quarter of 2021, 16 hedge funds in the database of Insider Monkey held stakes worth $403 million in New Frontier Health Corporation (NYSE:NFH)

Platt first bought a stake in New Frontier Health Corporation (NYSE:NFH) in the first quarter of 2021, purchasing over a million shares at an average price of $10.16 per share. He then more than doubled that stake between March and June before adding 30% to the second quarter position during the third quarter. The fund now holds close to 3.5 million shares of New Frontier Health Corporation (NYSE:NFH) worth $39 million, representing 1.05% of the portfolio. 

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