Groupon Inc (GRPN), Mastercard Inc (MA): Buy Tiger Global’s Top Holdings

Purchases through mobile devices accounted for 45% of completed deals in the first-quarter compared to 30% in the same quarter a year ago. More than 7 million mobile apps were downloaded in the first quarter. North American revenue is expected to rise to $1.4 billion this year from $1.1 billion last year.

Charter Communications, Inc. (NASDAQ:CHTR) Acquisition and share repurchase program

On May 1, 2013 Liberty Media Corp (NASDAQ:LMCA) completed its acquisition of 27.3% ownership in Charter Communications, Inc. (NASDAQ:CHTR) for $2.62 billion. Charter Communications, Inc. (NASDAQ:CHTR) is the fourth largest cable service provider company in the U.S. The acquisition is valuable for Liberty Media Corp (NASDAQ:LMCA), as Charter Communications, Inc. (NASDAQ:CHTR) cable system provides high speed broadband and multichannel TV services in the U.S. There are growth opportunities for broadband Internet due to rising demand for faster speed broadband. The acquisition will help Liberty Media Corp (NASDAQ:LMCA) overcome the problems of slow broadband speed and to consolidate the cable industry. This acquisition provides Liberty Media Corp (NASDAQ:LMCA) the best opportunity to re-enter the U.S. cable industry.

Presently, Liberty Media Corp (NASDAQ:LMCA) has a 52% stake in Sirius XM Radio Inc (NASDAQ:SIRI). Sirius XM Radio Inc (NASDAQ:SIRI)’s share buyback program has been increased to $2.64 billion, from the $2 billion announced last year. Liberty Media will start selling Sirius XM Radio Inc (NASDAQ:SIRI) shares in July 2013, and will generate $450 million in cash. Liberty Media is planning to use this cash in its share repurchase program to gain investors’ confidence. It repurchased $71 million in shares in April 2013. Sirius XM Radio Inc (NASDAQ:SIRI) has $371 million remaining in share repurchase authorization. It will repurchase $215 million worth of shares this year and $100 million by next year.

Conclusion

Mastercard Inc (NYSE:MA)’s global expansion with new mobile payment strategy, Masterpass, provides better prospects for revenue growth.

Groupon’s transition to a pull strategy along with mobile commerce growth in North America will increase its revenue.

Liberty Media’s acquisition of Charter Communications, Inc. (NASDAQ:CHTR) will help it to re-enter the U.S. cable industry. Sirius XM Radio Inc (NASDAQ:SIRI) cash flows will support its buyback program.

Therefore, I recommend a buy on all three stocks.

The article Buy Tiger Global’s Top Holdings originally appeared on Fool.com is written by Shweta Dubey.

Shweta Dubey has no position in any stocks mentioned. The Motley Fool recommends MasterCard. The Motley Fool owns shares of MasterCard. Shweta is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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