Billionaire Rob Citrone is Buying These 5 Stocks

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This article discusses the five stocks that billionaire Rob Citrone is buying. If you want to know about the fund’s journey, Mr. Rob Citrone’s career, and more about Rob Citrone’s 13F portfolio, please go directly to Billionaire Rob Citrone is Buying These 10 Stocks.

05. SolarEdge Technologies, Inc. (NASDAQ:SEDG)

Discovery Capital Management’s Stake Value: $7.471 million

Percentage of Discovery Capital Management’s 13F Portfolio: 0.96%

Number of Hedge Fund Holders: 40

Founded in 2006, SolarEdge Technologies, Inc. (NASDAQ:SEDG) has its corporate headquarters in Herzliya, Israel. Direct current (DC) optimized inverter systems are designed, developed, and sold by SolarEdge Technologies, Inc. (NASDAQ:SEDG) and its subsidiaries for solar photovoltaic (PV) installations all over the world.

On August 18, analyst Stephen Byrd from Morgan Stanley increased his price target for SolarEdge Technologies, Inc. (NASDAQ:SEDG) from $316 to $352 and has an Equal Weight rating on the shares.

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