Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
AmerisourceBergen Corp. (NYSE: ABC)
AmerisourceBergen is a leading global third-party logistics provider engaged in wholesale pharmaceutical sourcing and distribution of specialty, brand-name, and generic pharmaceuticals and related services to acute-care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and alternate site pharmacies, physician practices like those with locum tenens, dialysis clinics, and other healthcare customers. By acquiring smaller companies, management has attained the ability to transport biopharmaceuticals, distribute veterinary pharmaceuticals and vaccines, and provide inventory and reimbursement consulting services to providers.
A quick look at the price chart below for AmerisourceBergen shows us that the stock is up 13% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 9.87, which means that it remains undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in AmerisourceBergen include:
Cliff Asness – 1,540,107 shares
Jim Simons – 74,800 shares
Jim O’Shaughnessy – 70,545 shares
Ray Dalio – 50,323 shares
Lee Ainslie – 20,101 shares
Jeremy Grantham – 18,401 shares
Israel Englander – 14,642 shares
Ken Griffin – 11,881 shares
Ken Fisher – 6,445 shares
Joel Greenblatt – 2,132 shares
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