Mark Cuban Stock Portfolio: 5 Stocks To Buy Now

In this article, we discuss the 5 stocks to buy now in the Mark Cuban stock portfolio. If you want to read about some more stocks in the Mark Cuban portfolio, go directly to Mark Cuban Stock Portfolio: 10 Stocks To Buy Now.

5. Fidelity National Financial, Inc. (NYSE:FNF)

Number of Hedge Fund Holders: 36  

Fidelity National Financial, Inc. (NYSE:FNF) provides technology solutions for merchants, banks, and capital markets firms worldwide. On November 18, Fidelity National Financial reported that it has agreed to acquire TitlePoint, a part of Black Knight’s data and analytics division, for $225 million in cash. On November 3, Fidelity National Financial declared a $0.45 per share quarterly dividend. Cuban has advised large banks to mainstream crypto, like Fidelity Financial, as he believes this will help smoothen crypto prices in the long term. 

On November 29, Truist analyst Mark Hughes maintained a Buy rating on Fidelity National Financial, Inc. (NYSE:FNF) stock and lowered the price target to $56 from $60, highlighting that the company will be the main beneficiary of firming prices, both residential and commercial. 

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Brave Warrior Capital is a leading shareholder in Fidelity National Financial, Inc. (NYSE:FNF) with 9.1 million shares worth more than $337 million. 

In its Q3 2022 investor letter, Third Avenue Management, an asset management firm, highlighted a few stocks and Fidelity National Financial, Inc. (NYSE:FNF) was one of them. Here is what the fund said:

“Fidelity National Financial, Inc. (NYSE:FNF) (2.4% of Fund Assets), which is planning to distribute a 15% stake in its wholly-owned life-insurance subsidiary (F&G Annuities & Life) having now established the segment at a significant scale with approximately $40 billion of assets under management. This transaction will leave the FNF Group with a listed proxy for the value of its retained 85% stake in F&G, as well as a “net cash” balance sheet and market-leading position in US title insurance (and other transaction-related activity) through its wholly-owned Fidelity National Financial subsidiary.”