28.06.2023 17:01
Insider time: stocks bought by billionaires
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Insider time: stocks bought by billionairesWe suggest paying attention to the shares that are in a drawdown: large market players are showing particular interest in these securities. These companies fell in sync with the market last year and now it is time to use their growth potential.So UnitedHealth Group Incorporated (NYSE: UNH)The leading US healthcare company had 25 billionaires among its investors as of March 2023. Of these, GQG Partners Rajiv Jain is the largest investor with a $2.2 billion stake.The first target is in the $500-510 zone with the prospect of growth to $556. PayPal Holdings, Inc. (NASDAQ: PYPL)20 large private investors have invested in the global payment system and 103 hedge funds have this asset in their portfolio. For example, Ken Griffin's Citadel Investment Group holds 14 million PayPal shares.First target is in the $76-78 zone with the prospect of growth to $85-90. CVS Health Corporation (NYSE: CVS)The healthcare retailer and pharmacy chain operator has John Overdeck and David Siegel among its shareholders, who own 1 billion shares worth $406 million. Also, 77 major hedge funds regularly buy more of these shares.First target is in the $80-83 zone with the prospect of growth to $90-95. Fidelity National Information Services, Inc. (NYSE: FIS)The provider of financial products and services is of interest to 68 hedge funds and 12 billionaires the largest investor is Citadel Investment Group with a stake of $283 million.First target is in the $70-73 zone with the prospect of growth to $85-90 ConocoPhillips (NYSE: COP)Shares of the oil and gas company have 72 hedge funds and 16 billionaires in their portfolio. Boykin Curry's Eagle Capital Management has been the largest investor for several years now its stake is valued at $786 million.First target is in the $108-110 zone with the prospect of growth to $118-120.So we look at the trading actions of large players but do not forget about the risk.Profits to yall!#ForexChief #market #forexnews #stocks #worldnews #profit #StockMarket #nyse
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