I share “The best stocks to buy according to a billionaire” on almost a weekly basis. Of course, each week, the stocks and billionaires are different. This week I wanted to share why these articles are always on my radar. So we are diving into a list shared by billionaire Brian Higgins.
Brian Higgins founded King Street Capital Management in 1995 with O. Francis Biondi. The fund deals in distressed debts, equity, bonds, warrants, and foreign exchange. The hedge fund is well known for its deals in public equity and the fixed income market. While most hedge funds reported negative returns in 2008, King Street posted a 2.5% return during the period.
This week we are looking at five stocks from Brian Higgins’ buy list.
- GoodRx Holdings, Inc. (GDRX)
- 8×8, Inc. (EGHT)
- Radian Group Inc. (RDN)
- MGIC Investment Corporation (MTG)
- Arch Capital Group Ltd. (ACGL)
Are any of my Top 5 already on your Watchlist? Reply back and let me know.
Have an amazing weekend, and stay tuned for Monday morning for our in-depth breakdown of GoodRx Holdings, Inc. (GDRX).