Julian Robertson (Trades, Portfolio) is considered the father of hedge fund. He launched his firm Tiger Management in 1980 with $8 million, and turned it into over $22 billion in the late 1990s. Robertson had the best hedge fund record throughout the 1980s and 1990s. It is reported that the compound rate of return to his investors was 32%. During his active years, he was considered to be the "Wizard of Wall Street." His hedge fund, Tiger Management, became the world's largest fund, which peaked at over $23 billion invested.
The portfolio is composed of 56 stocks with a total value that is $510 Mil and has a 30% Q/Q Turnover.
These are the top 4 stocks trading with a low p/e ratio and with growing EBITDA
Micron Technology Inc (MU)
The stock is currently trading at 8.90 of P/E and has an EBITDA with a 5 years’ growth rate of 12.90%.
The price is +14.81% from its 52-Week Low and -20.77% from its 52-week high and over the past 12 months, the price rose by +7%.
The DCF model, gives a fair value of $48.09, with a margin of safety of 40% at current prices.
Profitability & Growth is rated 6/10 and returns are ranked higher than 87% of other companies in the Global Semiconductor Memory industry.
PRIMECAP Managementis the main holder of MU, with 3.23% of shares outstanding, followed byDavid Einhorn (2.89%) and Seth Klarman (2.19%)
CBS Corp (CBS)
The stock is currently trading at 12.10 of P/E and has an EBITDA with a 5 years’ growth rate of 16.60%.
The price is +28.26% from its 52-Week Low and -4.00% from its 52-week high and over the past 12 months, the price rose by 7%.
The DCF model, gives a fair value of $35.4 that put the stock as overpriced by 76%.
Profitability & Growth is rated 7/10 and returns are ranked higher than 91% of other companies in the Global Media - Diversified industry. Even compared to company’s history, ratios are at best levels ever.
Larry Robbinsis the bigger holder of CBS (he holds 1.51% of shares outstanding), followed by Eric Mindich (holding 4,500,00 shares or 0.9% of outstanding shares).
Tribune Media Co (TRCO)
The stock is currently trading at 12.90 of P/E and has an EBITDA with a 5 years’ growth rate of 17.90%.
The price is testing his low 52 weeks support, trading at +4.48% from its 52-Week Low and -37.52% from its 52-week high. Over the past 12 months, it dropped by 24%.
The DCF model, gives a fair value of $43.06 that put the stock as overpriced by 32% at current prices.
Profitability & Growth is rated 6/10 and returns are ranked higher than 79% of other companies in the Global Broadcasting - TV industry.
Howard Marks is the biggest holder of TRCO (he holds 19.88% of shares outstanding), followed by Manning & Napier Advisors, Inc (holding 3,304,507 shares or 3.5% of outstanding shares).
Gilead Sciences Inc (GILD)
The stock is currently trading at 14.40 of P/E and has an EBITDA with a 5 years’ growth rate of 27.20%.
The price is +37.04% from its 52-Week Low and -10.12% from its 52-week high and over the past 12 months, it rose by 35%.
The DCF model, gives a fair value of $108.86 that means the stock is currently fairly priced (margin of safety of 3%).
Profitability & Growth is rated 9/10 and returns are very interesting. They are ranked higher than 99% of other companies in the Global Biotechnology industry and are widely positive (ROA of 44.09%, ROE of 93.39%, ROC of 545.99%).
Pioneer Investments is the main holder of GILD (he holds 0.21% of shares outstanding), followed by Alan Fournier (holding 2,141,000 shares or 0.14% of outstanding shares).
