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George Soros Pulls the Trigger on These 2 “Strong Buy” Stocks 2022/11/22 上午3:46

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Hardly any are more legendary than George
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Soros, forever known as the ‘man who Group 1 Automotive, Inc.

broke the Bank of England,’ after pocketing LAD 219.77 -8.04 -3.53%
Lithia Motors, Inc.
a cool billion dollars in one day when
betting against the Pound back in 1992.

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George Soros Pulls the Trigger on These 2 “Strong Buy” Stocks 2022/11/22 上午3:46

That single act, however, does not define


Soros, who has made sound investment
decisions throughout his career which
bought decades-long returns of 30% to his
Quantum Fund. And while Soros has given
away much of his fortune to philanthropic
causes (some $30 billion+), his net worth
today is a not-too-shabby ~$8.50 billon.

So, when Soros goes stock shopping,


investors are obviously keen to see what’s
in his bag. The billionaire recently loaded up
on two stocks, and we used TipRanks’
database to find out what the analyst
community has to say about them. As it
turns out, Soros is not the only one taking
the bullish view here; both get the thumbs
from the analysts and boast Strong Buy
consensus ratings.

Biohaven Ltd. (BHVN)

Merger and acquisition activity can shake


up the markets, and the first Soros pick has
recently been involved in such action.
Biohaven, Ltd. is a spin-off of the parent
company Biohaven, a clinical-stage
biopharmaceutical research company that
was bought out by Pfizer earlier this year.
Pfizer took control of the parent firm’s full
portfolio of anti-CGRP assets, while allowing
the remainder to spin off as Biohaven Ltd.,
trading under the BHVN ticker, with Pfizer
holding a 3% share of the spun-off stock.

On its own hook, Biohaven Ltd. retains a


solid portfolio of drug candidate assets.
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These include potential treatments for a on Costway, Keurig and Saracina Home
USA TODAY
variety of neurological and psychological
conditions, including epilepsy, mood
disorders, and obsessive-compulsive
disorder, and a late-stage program in the

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George Soros Pulls the Trigger on These 2 “Strong Buy” Stocks 2022/11/22 上午3:46

treatment of spinal muscular atrophy


(SMA). In addition, the company has
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developmental programs in the pre-clinical 寶!
stages. 廣告 • 龍鳳⽣物科技 ...

The company expects to complete


enrollment of two Phase 3 studies next
year, both in the use of drug candidate
troriluzole in the treatment of obsessive-
compulsive disorder. The trials are expected
to enroll a total of 1,300 patients across Fatburger, Round Table Pizza searching for
Austin-area real estate as parent co. orders
200 global study sites. The company also up more Texas expansion
American City Business Journals
has a Phase 3 study of taldefgrobep alfa
ongoing, in the treatment of SMA. This
study has a target enrollment of 180
patients.

Additionally, Biohaven Ltd. is looking to


complete the Phase 1 trials of BVH-7000 in
the first half of 2023. On successful Real impact of Fed hikes likely bigger than
what target rate implies, Daly says
completion of these trials, in the treatment Reuters

of epilepsy, the company aims to initiate at


least one pivotal trial, also in 2023.

To fund these programs, and to launch the


new ticker, Biohaven Ltd. held a public
offering of stock last month, putting 28.75
million shares of BHVN on the market at Finance Billionaire Smith Bets Canada’s
Housing Slump Won’t Last
$10.50 per share. Gross proceeds from the
Bloomberg
sale, before deductions, came to $301.9
million.

All of this caught the eye of George Soros.


His firm bought 1,017,534 shares of the
company in Q3. This is not a new position
for the legendary investor; Soros first got
開⼾申購【復華系列指定基⾦】全年$0⼿續
into this ticker in Q2 of this year; clearly, he 費!
廣告 • 基富通證券 ...
sees the Pfizer transaction and Biohaven
spin-off as an opportunity. His recent buy
represents an 81% increase in his total
holding of the stock, which is now worth
over $32 million.

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George Soros Pulls the Trigger on These 2 “Strong Buy” Stocks 2022/11/22 上午3:46

Soros is not the only bull on this stock. The


Cyber Week Is Officially Here: These Are the
merger and spinoff have also caught the Deals Worth Shopping
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attention of Cantor's Charles Duncan. While
the 5-star analyst believes the rest of the
pipeline is in the “show me” category, BHV-
7000 is the “most-valuable pipeline asset.”

“Looking ahead,” said Duncan, “the key


potential value creating milestone for us will
be the P1 data for BHV-7000. Based on our
conversations with the company, the
observations of note will relate to
safety/tolerability as well as
phamacokinetic/pharmacodynamic
(PK/PD), which should generate enough
information to select doses and titration
schedules for the eventual P3 studies. We
expect to see these data in 1H23 and for
Biohaven to initiate its P3 trials in 2H23. In
addition, we expect to see P3 data from
troriluzole for OCD in 2023 and
taldefgropeb alfa for spinal muscular
atrophy (SMA) in 2024, which could provide
upside to our current thesis.”

A valuable asset and plenty of near- to mid-


term catalysts are positives for this
company, and Duncan rates the shares as
Overweight (i.e. Buy). His price target, of
$27, implies a robust upside of 91% in the
next 12 months. (To watch Duncan’s track
record, click here)

Overall, BHVN has picked up 3 analyst


reviews – and they are unanimous that this
is a stock to Buy, for a Strong Buy
consensus rating. The shares are trading for
$14.10 and their average target of $24.33
suggests that a one-year gain of ~73% lies
ahead. (See BHVN stock forecast on
TipRanks)

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George Soros Pulls the Trigger on These 2 “Strong Buy” Stocks 2022/11/22 上午3:46

Booking Holdings (BKNG)

The next Soros pick we’ll look at is Booking


Holdings, a leading online travel company.
Booking is a holding company, and its
Finance Home Watchlists My Portfolio Crypto Yahoo Finance Plus News Screeners Markets
subsidiary brands include Booking.com,
Priceline, Agoda, Rentalcars.com, Kayak,
and OpenTable. Customers can use these
sites to access rooms, flights, meals, and
other services world-wide, and the brands
can connect with customers everywhere. The great escape: Rich young professionals
earning more than $100K are fleeing
Services are offered in more than 40 California and New York — here's why and
where they're headed
MoneyWise
languages and include over 6.6 millions
listings of homes, apartments, and other
accommodations.

In recent quarters, Booking Holdings has


consistently reported year-over-year
quarterly revenue increases, reflecting the
BHVN +0.96%
lifting of COVID lockdowns and the related 'I haven't withdrawn anything': DraftKings
user details nearly losing thousands to hack
BKNG -1.59%
surge in business and leisure travel. In the Yahoo Finance

PFE -0.24% most recent reported quarter, 3Q22, the


company had a top line of $6.05 billion, up
29% from 3Q21. For the first nine months of
this year, the 3-quarter revenue total of
$13.04 billion marked a 63% increase from
the same period last year.
安規認證服務▶業界⾸選【暐信科技】專業檢測
機構
In addition to revenues, the company ...
廣告 • 暐信科技
reported strong earnings. Net income, at
$1.67 billion, was more than double the
year-ago value of $769 million, while the
Learn more
non-GAAP EPS, at $53.03, was up 41%.
While liquid assets were down from the $11.1
billion reported at the end of last year, the
company still has over $9.02 billion in cash A successful World Cup could ‘attract foreign
investment,’ economist says
and cash equivalents as of September 30 Yahoo Finance Video

this year.

Standing squarely in the bull camp, Soros'


fund pulled the trigger on the stock for the
first time, buying up 10,800 shares. As for

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George Soros Pulls the Trigger on These 2 “Strong Buy” Stocks 2022/11/22 上午3:46

the value of this new position, it comes in at


DraftKings stock falls after report cites cases
$20.95 million. of unauthorized account withdrawals
MarketWatch
Looking at this stock for Evercore ISI, 5-star
analyst Mark Mahaney has taken note of
the company’s strengths – especially its
potential to ‘steer through stormy weather.’

“We continue to like BKNG given its newer


investments (merchandising, flights, cross-
selling) that should support above pre-
COVID growth in terms of Room Nights,
Bookings, Revenue and EPS as conditions
normalize. We also believe the material
progress BKNG has made in driving more
traffic directly to its site – e.g. 45% of
Bookings are now via its Mobile app, up
from 35% back in ’19 – carries very
significant EBITDA Margin expansion
implications," Mahaney noted.

"There is clear discretionary consumer


spend risk here, but strong valuation
support should help, along with a
management team and a business model
that have been fully tested over the last
20+ years," the analyst added.

These comments back up Mahaney’s


Outperform (i.e. Buy) rating on the shares,
and his price target, now set at $2,600,
implies an upside potential of 34% on the
one-year time horizon. (To watch Mahaney’s
track record, click here)

Overall, BKNG gets a Strong Buy consensus


rating based on 17 recent analyst reviews
from the Street. These reviews include 13
Buys over just 4 Holds. The shares are
trading at $1,940 and change and the
average price target of $2,650, slightly more
bullish than Mahaney’s, indicates potential
for ~19% upside by the end of next year.

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George Soros Pulls the Trigger on These 2 “Strong Buy” Stocks 2022/11/22 上午3:46

(See BKNG stock forecast on TipRanks)

To find good ideas for stocks trading at


attractive valuations, visit TipRanks’ Best
Stocks to Buy, a newly launched tool that
unites all of TipRanks’ equity insights.

Disclaimer: The opinions expressed in this


article are solely those of the featured
analysts. The content is intended to be used
for informational purposes only. It is very
important to do your own analysis before
making any investment.

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Kenneth
2 hours ago
Remember what he does with his profits: He funds the campaigns of AOC, Fester, Beto, most dem
congressmen....
Most commonly, Soros bets on the downfall of western free governments.
Reply · 20 4 · Share

brianh
1 hour ago
He started his life turning his fellow Jews into the SS for money. That's all you need to know.
Reply · 3 2 · Share
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