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Billionaire Steve Cohen's Top 10 Small-Cap Stock Picks


Billionaire Steve Cohen’s Top 10 Small-Cap Stock Picks
Steve A. Cohen is the owner of Point72 Asset Management, one of the most successful hedge funds in the U.S. He started off his Wall Street career as a junior trader at Gruntal & Co., where he dealt with options arbitrage. Cohen started his first hedge fund known as S.A.C. Capital Advisors in 1992, enjoying some success which allowed him to own 8 percent of Major League Baseball team, the New York Mets. He has also been involved in philanthropic causes in which he contributed $715 million.
Unfortunately, SAC Capital was allegedly involved in an insider trading scandal which led to a hefty $1.8 billion fine, and Cohen had to shut down the fund. This pave the way for the birth of his current hedge fund. ....

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Billionaire Steve Cohen's Top 5 Small-Cap Stock Picks


Billionaire Steve Cohen’s Top 5 Small-Cap Stock Picks
Number of Hedge Fund Holders: 22
NMI Holdings is a mortgage insurance company that offers private mortgages and high-quality customer service. The company is currently waiting for approval from Freddie Mac and Fannie Mae to start providing mortgage insurance at the national level. Howard Marks is the company’s largest hedge fund investor with more than 4.9 million shares. NMIH is also one of Steve Cohen’s top 10 small-cap stock picks.
NMI has outperformed EPS estimates almost 9 out of 10 times in the last 2 years. It has also outperformed revenue projections 75% of the time.
NMI Holdings’ EPS estimates were revised 7 times upward and downward 2 times in the last 3 months. Its revenue estimates had 2 upward revisions and 2 downward revisions. ....

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Exitoina | Jennifer Lopez se separó de Alex Rodríguez tras los rumores de infidelidad

Exitoina | Jennifer Lopez se separó de Alex Rodríguez tras los rumores de infidelidad
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Billionaire Steve Cohen's Top 5 Stock Picks


Billionaire Steve Cohen’s Top 5 Stock Picks
Value: $229,221,000
No. of Hedge Fund Holders: 258
Microsoft ranks 5th on the list of billionaire Steve Cohen’s top 10 stock picks. The fund has a $229.2 million stake in the Redmond software giant.  Goldman Sachs recently added MSFT on its conviction list, citing increasing digital spending. The firm set a price target of $315 for the stock.  Major hedge funds are bullish on MSFT, including Tiger Cub Lee Ainslie and “Europe’s most feared” investor Chris Hohn.
A total of 258 hedge funds tracked by Insider Monkey were bullish MSFT at the end of the fourth quarter, up from 234 funds a quarter earlier. MSFT ranks 2nd in our list of the 30 Most Popular Stocks Among Hedge Funds: 2020 Q4 Rankings. ....

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