Top Investors’ Stock Portfolio: 5 Small Cap Stocks to Buy

3. Herbalife Nutrition Ltd. (NYSE:HLF)

Market Cap as of November 4: $1.59 Billion

Number of Hedge Fund Holders: 28

Herbalife Nutrition Ltd. (NYSE:HLF) is a global company that sells weight-loss and nutritional products through a network of independent distributors. The company was founded in 1980, and its headquarters are in Los Angeles, California. On October 31, Herbalife Nutrition Ltd. (NYSE:HLF) announced earnings for the fiscal third quarter of 2022. The company reported an EPS of $0.91 and beat estimates by $0.11. The company generated a revenue of $1.30 billion for the quarter.

This November, Citi analyst Chasen Bender updated his price target on Herbalife Nutrition Ltd. (NYSE:HLF) to $26 from $30 and reiterated a Buy rating on the shares. On November 1, B. Riley analyst Jeff Van Sinderen revised his price target on Herbalife Nutrition Ltd. (NYSE:HLF) to $31 from $38 and maintained a Buy rating on the shares. The stock is ranked third on the top investors’ stock portfolio.

At the end of Q2 2022, 28 hedge funds were long Herbalife Nutrition Ltd. (NYSE:HLF) and held stakes worth $893.7 million in the company. Of those, Route One Investment Company was the top investor in the company and disclosed a position worth $221.7 million.

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