7 Top Stocks George Soros Is Increasing His Position In

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 |  Includes: CHTR, MSI, QVCA, RL, STX, TGT, TMO
by: The Analyst Hub

Soros Fund Management LLC is one of the most successful and high-profile hedge funds managed by billionaire hedge fund manager George Soros. Soros returned an average of 30.5% per year between 1969 and 2000. More recently in 2007, 2008, and 2009, his fund generated 32%, 8% and 29% return respectively for the investors.

The following is a list of top stocks where Soros Fund Management LLC increased its positions in the last quarter.

Stock

Symbol

Shares Held 03/31/2011

Shares Held 06/30/2011

Change In Shares

Polo Ralph Lauren Corp.

RL

496,368

994,612

498,244

Motorola Solutions, Inc.

MSI

4,480,610

5,662,139

1,181,529

Time Warner Cable Inc.

TWC

68,131

743,031

674,900

Seagate Technology Plc.

STX

546,357

3,523,800

2,977,443

Thermo Fisher Scientific, Inc.

TMO

455,000

937,100

482,100

Liberty Media Interactive

LINTA

14,500

1,819,900

1,805,400

Target Corp.

TGT

8,700

552,600

543,900

Click to enlarge

Source: 13F filing.

My favorite long candidate among the above stocks is Polo Ralph Lauren.

Ralph Lauren Corporation is engaged in the design, marketing and distribution of products, including men’s, women’s and children’s apparel, accessories (including footwear), fragrances and home furnishings. The Company operates in three segments: Wholesale, retail and licensing. Ralph Lauren's EPS forecast for the current year is $6.77 and next year is $7.80. According to consensus estimates, its top line is expected to grow 18.10% in the current year and 10.20% next year.

Polo Ralph Lauren recently reported strong quarterly results despite of global macro uncertainty. Its gross margin was 63% versus consensus estimates of 60.24% suggesting that the company is navigating global consumer headwinds relatively easily. My biggest concern with the stock earlier was rising raw material prices and wages.

It appears that Polo has benefited in the quarter from some degree of pricing actions to combat inflation. Additionally, the positive impact from the company's new businesses globally was better than expected. Although, I am still concerned about the broader macroeconomic environment, I would recommend buying Polo Ralph Lauren as its strong execution eclipses any macro concerns.

For other stocks in the above list, here are some of the specifics about these companies, including a brief description of their businesses, growth expectations (top line and bottom line):

Motorola Solutions, Inc. provides mission-critical communication products and services for enterprise and government customers worldwide. The company’s portfolio includes products, such as two-way radios, bar-code scanners, RFID readers, mobile computing devices, wireless broadband networks and wireless local area network products.

On January 4, 2011, the separation of Motorola Mobility Holdings, Inc. (NYSE:MMI) from Motorola Solutions was completed. Motorola Mobility recently got acquired by Google Inc. (NASDAQ:GOOG). Motorola Solutions' EPS forecast for the current year is $2.23 and next year is $2.56. According to consensus estimates, its top line is expected to grow 4.40% next year.

Time Warner Cable Inc. is a cable operator in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. It offers video, high-speed data and voice services over its broadband cable systems to residential and commercial customers. Time Warner's EPS forecast for the current year is $4.56 and next year is $5.71. According to consensus estimates, its top line is expected to grow 4.40% in the current year and 3.80% next year.

Seagate Technology Plc. designs, manufactures, markets and sells hard disk drives. Seagate produces a range of disk drive products addressing enterprise applications; client computer applications; and client non-computer applications. Seagate's EPS forecast for the current year is $1.61 and next year is $2.28. According to consensus estimates, its top line is expected to grow 6.60% in the current year and 2.70% next year.

Thermo Fisher Scientific Inc. provides analytical instruments, equipment, reagents and consumables, software and services for research, manufacturing, analysis, discovery and diagnostics. It operates through two segments: analytical technologies and laboratory products and services. Analytical technologies segment includes pharmaceutical, biotechnology, academic, government and other research and industrial markets.

Laboratory products and services segment offers combination of products and services that allows its customers to engage in their core business functions of research, development, manufacturing, clinical diagnosis and drug discovery. Thermo Fisher's EPS forecast for the current year is $4.21 and next year is $4.92. According to consensus estimates, its top line is expected to grow 8.10% in the current year and 6.70% next year.

Liberty Media Corporation is engaged in the video and online commerce, media, communications and entertainment industries. The company operates in three reportable segments: Leisure, the TripAdvisor media network and Egencia. Its leisure segment provides a range of travel and advertising services to its worldwide customers through a variety of brands including, Expedia.com and Hotels.com, Expedia Affiliate Network, Hotwire.com, Venere, eLong and Classic Vacations.

Its TripAdvisor media network segment provides advertising services to travel suppliers on its websites, which aggregate traveler opinions and travel articles about cities, hotels, restaurants and activities in a variety of destinations through tripadvisor.com and its localized international versions.

Its Egencia segment provides managed travel services to corporate customers in North America, Europe, and the Asia Pacific region. Liberty Media's EPS forecast for the current year is $0.77 and next year is $1.00. According to consensus estimates, its top line is expected to grow 6.60% in the current year and 7.00% next year.

Target Corporation operates Target general merchandise stores with an assortment of general merchandise and food assortment. Its expanded food assortment includes some perishables and some additional dry, dairy and frozen items. In addition, it also operates SuperTarget stores and Target.com.

Target's EPS forecast for the current year is $4.21 and next year is $4.38. According to consensus estimates, its top line is expected to grow 3.80% in the current year and 4.00% next year.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.