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EN
Billionaire Investors Seem to Love This Stock the Most
['Joey Frenette', 'John Seetoo', 'Sep', 'Rich Duprey', 'David Moadel', 'Omor Ibne Ehsan', 'Chris Lange']
24/7 Wall St.
Billionaire investors were quite active in the second quarter, with many of the big names going after a relatively narrow basket of stocks.
If one investment legend perceives deep value to be had in a specific stock, there’s a good chance that others might also see an opportunity to get a steep discount to intrinsic value.
In this piece, we’ll look at a specific stock that a number of billionaire investors punched their ticket to in the second quarter.
Undoubtedly, the stock imploded back in April and May, crashing by over 60% at its worst point.
I think there’s a good chance of this, especially given high hopes for a smooth turnaround.
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'think'
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