Bargain stocks successful investors are buying right now
Supposedly undervalued shares the big names are snapping up

Berkshire Hathaway (NYSE: BRK.A) (NYSE:BRK.B)

Dying to know what Warren Buffett's biggest buy was in the first quarter of this year when the stock market tanked? Believe it or not, it was his own company's shares. Berkshire Hathaway snagged $1.6 billion (£1.3bn) of Berkshire Hathaway stock during this time. Other top investors who are taking advantage of lower prices – Class A stock has dropped 24% since the start of the year – include Bill Ackman, Robert Olstein, Glen Greenberg and David Einhorn.
PNC Financial services (NYSE: PNC)

The so-called Oracle of Omaha made only two meaningful purchases during the first quarter of 2020 that he hasn't since offloaded and has been on something of a selling frenzy. Apart from his own firm's stock, Warren Buffett's key buy was US bank holding company PNC Financial Services. Berkshire Hathaway increased its stake in the parent of PNC Bank by 6% and bought up 526,930 shares.
Facebook (NASDAQ: FB)

Facebook stock is trading at a near-record high at the current time but a number of key investors clearly expect the share price to increase further in value if their recent spending sprees are anything to go by. Major fund managers who have pumped cash into and/or bigged up the stock of late include Seth Klarman (the man dubbed "the next Warren Buffett"), Glen Greenberg, Robert Olstein and Blackswan Dexteritas' Kim Bolton. The Saudi sovereign wealth fund has also vacuumed up shares in the social media titan.
HP (NYSE: HPQ)

Delek US Holdings (NYSE: DK)

Welbilt (NYSE: WBT)

In addition to establishing a new position, Icahn's firm has increased its stakes in a number of companies. They include Welbilt, a leading global provider of commercial foodservice equipment, which Icahn Capital Management has boosted its interest in by buying a further 2 million shares. Welbilt's stock price has dropped by a massive 64% since the beginning of January.
Occidental Petroleum Corporation (NYSE: OXY)

Cheniere Energy (NYSE:LNG)

US natural gas company Cheniere Energy is another firm Icahn has been channelling money into of late. During the first quarter of 2020 the activist investor acquired 570,662 shares in the business via his Icahn Capital Management investment arm, bringing its total stake in the energy company to 20,155,756 shares.
Newell Brands (NASDAQ: NWL)

AGNC Investment Corp (NASDAQ: AGNC)

Another investing legend who is renowned for his Midas touch, George Soros is also taking advantage of the Coronavirus pandemic to buy up bargain stocks. During the first quarter of this year the Hungarian-born investor's Soros Fund Management bagged an additional 312,000 shares in real estate trust AGNC Investment Corp, boosting its stake by 22%. Soros has also increased his stake in at-home cycling company Peloton Interactive, which is currently trading at a near-record high.
Cenovus Energy (TSE: CVE)

NiSource (NYSE: NI)

In terms of new positions, during the first quarter of 2020 Soros bought 300,000 shares in NiSource, which is one of the largest fully regulated utility companies in America and counts brands such as NIPSCO and Columbia Gas among its stellar portfolio. The stock is currently down 23% from a mid-February spike.
Twitter (NYSE: TWTR)

Netflix (NASDAQ: NFLX)

Roku (NASDAQ: ROKU)

Streaming-related businesses are of course hot right now but according to The Motley Fool the smart money is on Roku rather than Netflix. Its analysts reckon Roku could be the “best investment in streaming” as the company appears to have far more scope for growth with its user base and revenues expanding in leaps and bounds.
Walt Disney (NYSE: DIS)

Live Nation (NYSE: LYV)

Like Daniel Loeb and the other investors mentioned in our round-up, Mark Cuban is famed for being a lucrative dealmaker and stock market pro. The Shark Tank star recently told Market Insider that he's been buying up shares in US events promoter and venue operator Live Nation, which has seen its stock plunge 35% since the beginning of 2020.
SPDR S&P 500 Trust ETF (NYSEARCA: SPY)

Agilent Technologies (NYSE:A)

The aforementioned Bill Ackman has enjoyed excellent performance of late via his hedge fund Pershing Square Holdings, and as well as acquiring Berkshire Hathaway stock has made some other notable investments. First up is Agilent Technologies, which is a leader in the life sciences, diagnostics and applied chemical markets. The fund has increased its holdings by 300%.
Starbucks (NASDAQ: SBUX)

Howard Hughes Corporation (NYSE:HHC)

The Blackstone Group (NYSE:BX)

Park Hotels & Resorts (NYSE:PK)

Marriott International (NASDAQ:MAR)

Shares in Marriott International have also crashed since the beginning of the year as hotel occupancy rates have nosedived due to lockdowns and travel bans. The chain's stock has dropped in price by 39%. Among the investors who are making the most of the low prices are Glenn Greenberg, who manages the portfolio at his investment company Brave Warrior Advisors. The Saudi sovereign wealth fund has also bought up shares in the chain.
Anthem (NYSE:ANTM)

Automatic Data Processing (NASDAQ:ADP)

Beyond Meat (NASDAQ: BYND)

While the Beyond Meat share price has surged this year making the stock seem rather expensive and far from a bargain, prominent Wall Street investors and analysts have been bullish about its future prospects, and shortages of meat in the US could help push the price higher in the coming months.
Citigroup (NYSE: C)

As we've mentioned, Saudi Arabia's sovereign wealth fund, known as the Public Investment Fund (PIF), has been purchasing shares in a multitude of major Western companies of late. In fact the fund has spent a staggering $7.7 billion on its recent stock-buying spree. In addition to Facebook, Walt Disney, Starbucks and Marriott International, the fund has scored shares in BP, Royal Dutch Shell and Total, as well as Bank of America, Boeing and Citigroup. The price of Citigroup stock has fallen 44% since the beginning of 2020.
Now read about Walmart, the pandemic-proof retailer that is staying at the top
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