Top 5 Stocks to Invest in Based on Traci Lerner’s Chescapmanager LLC’s Portfolio

In this article, we will discuss the top 5 stocks to invest in based on Traci Lerner’s Chescapmanager LLC. If you want to read our detailed analysis of Traci Lerner’s history, and hedge fund performance, go directly to the Top 10 Stocks to Invest in Based on Traci Lerner’s Chescapmanager LLC’s Portfolio.

5. Bristol-Myers Squibb Company (NYSE: BMY)

Chescapmanager LLC Stake Value: $29.8 million
Percentage of Chescapmanager LLC’ 13F Portfolio: 3.26%
No. of Hedge Fund Holders: 73

Bristol-Myers Squibb Company (NYSE: BMY) is a biopharmaceutical firm specializing in the discovery, development, and delivery of novel medications for patients suffering from critical illnesses. In disease categories like cancer, cardiology, immunology, fibrosis, and others, its medicines are benefiting millions of patients throughout the world. The company is fifth on our list of top stocks to buy according to Traci Lerner’s Chescapmanager LLC.

The company has a market cap of $136.2 billion. In the second quarter of 2021 Bristol-Myers Squibb Company (NYSE: BMY) reported an EPS of $1.93, beating estimates by $0.03. The company’s revenue in the second quarter came in at $11.7 billion, an increase of 15.5% year over year, and beat revenue estimates by $470 million.

Our data shows that Kahn Brothers  is one of the biggest stakeholders of Bristol-Myers Squibb Company (NYSE: BMY), with 893,045 shares worth $58.3 billion.

At the end of the second quarter of 2021, 73 hedge funds in the database of Insider Monkey held stakes worth $5.2 billion in Bristol-Myers Squibb Company (NYSE: BMY), down from 81 the preceding quarter worth $5 billion.