One of the top experts in focused value investing is value investor Mark Massey. Between 2002 and 2015, AltaRock Partners generated a 12% yearly return on average for its investors. The S&P 500 returned nearly 6% over the same period when dividends were excluded. According to AltaRock Partners, each of the companies in its portfolio is a subsidiary of a larger conglomerate. The fund invests in firms that have a wide moat, significant free cash flow, and global diversification and trade at a low valuation. The fund cut its holdings in 2 stocks, sold all of its stock in 1 stock, and added to its acquisitions in 5 stocks. Amazon.com, Microsoft Corporation, and one other stock made up more than 54% of the 13F portfolio value of AltaRock Partners at the end of June.
Insider Monkey discusses the 8 best stocks to buy now. In the first half of 2022, shares of rating agency Moody’s Corporation fell significantly; by the end of June, they had dropped 30%. Since then, it has bounced back but is still trading in the red for the year. Smart money investors’ preference for Mastercard Incorporated also appears to be waning. Binance, a prominent cryptocurrency trading platform, declared that it had partnered with Mastercard to introduce a cryptocurrency-based prepaid card. In recent years, inflation in Argentina has reached unprecedented levels. Almost the past year, the shares of Charter Communications, Inc. have been steadily declining, losing 38.5% during that time and over 25% so far this year. Numerous analysts who follow the corporation are pessimistic about its near-term prospects. Smart money investors seem to be becoming more and more fond of Visa Inc. The number of hedge funds tracked by Insider Monkey that declared a stake in Visa increased from 146 at the end of 2017 to 168 by June 30, 2022. For more details, click 8 Best Stocks To Buy Now.