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Billionaire George Soros is a big fan of these three “strong buy” stocks.
Wall Street has had its fair share of legends, but few have left as great an impression as “the Man Who Broke the Bank of England.” George Soros gained the moniker after famously betting against the British pound in 1992; following the Black Wednesday meltdown, the hedge fund manager made $1 billion in a single day. This is the stuff legends on Wall Street are built of.
By then, Soros had already achieved enormous success, guiding his Quantum Fund to decades-long average annual returns of 30 percent.
Soros is still the chairman of Soros Fund Management and is estimated to be worth more than $8 billion, a sum that would have been much higher if not for the billionaire’s enormous humanitarian activity.
As a result, when Soros adds fresh holdings to his stock portfolio, it is reasonable for investors to take note. With this in mind, we chose to look at three equities that his fund has lately purchased. Soros isn’t the only one who believes in these stocks; according to the TipRanks database, Wall Street analysts grade all three as Strong Buys, with lots of upside potential.
EQT Corporation (EQT)
We’ll begin with the greatest natural gas producer in the United States. EQT is a $8 billion industrial behemoth that operates in…
