Worth Investor Perception is an funding publication created by cash supervisor Whitney Tilson and John Heins. Worth Investor Perception goals to ship the highest-quality funding concepts, evaluation, and perception to the just-starting-out investor and complex buyers. On the core of Worth Investor Perception is the philosophy of the true value investor: purchase one thing just for lower than its intrinsic worth. In a latest version of Worth Investor Perception, Harris Associates’ Invoice Nygren highlighted the highest 5 stock picks for buyers to purchase proper now, which could possibly be the most important winners of the stock market crash. You possibly can obtain a duplicate of Worth Investor Perception right here. Within the mentioned letter, Invoice Nygren highlighted just a few stocks and American Categorical Co (NYSE:AXP) is one among them. American Categorical is a monetary companies firm. 12 months-to-date, American Categorical Co (NYSE:AXP) stock misplaced 23.4% and on June 23rd it had a closing price of $99.42. Here’s what Invoice Nygren mentioned: “With American Express, we believed the worst-case scenario was significantly better than all that. We think the company has done an excellent job in improving its cardholder value proposition in recent years by making significant investments in merchant acceptance, cardholder rewards and services, and small-business payment tools. Relative to entering the last financial crises, it has dramatically cut costs and strengthened its balance sheet structure. The payments-network side of the business is now more competitive with Mastercard and Visa. Given all that, in the adverse Fed scenario, we would still expect American Express to earn $4 to $5 per share this year. Two years from now, we think it should be earning more than twice that. With the stock where it is today [at a recent $96], we believe that’s too cheap for this caliber of business.” In Q1 2020, the variety of bullish hedge fund positions on American Categorical Co (NYSE:AXP) stock decreased by about 2% from the earlier quarter (see the chart right here), so numerous different hedge fund managers don’t appear to agree with AXP’s upside potential. Our calculations confirmed that American Categorical Co (NYSE:AXP) isn’t ranked among the many 30 hottest stocks amongst hedge funds. The highest 10 stocks amongst hedge funds returned 185% because the finish of 2014 and outperformed the S&P 500 Index ETFs by greater than 109 proportion factors. We all know it sounds unbelievable. You’ve gotten been dismissing our articles about prime hedge fund stocks principally since you have been fed biased info by different media shops about hedge funds’ poor efficiency. You would have doubled the dimensions of your nest egg by investing within the prime hedge fund stocks as an alternative of dumb S&P 500 ETFs. Beneath you possibly can watch our video in regards to the prime 5 hedge fund stocks proper now. All of those stocks had constructive returns in 2020. Video: High 5 Stocks Amongst Hedge Funds At Insider Monkey we depart no stone unturned when in search of the following nice funding concept. For instance, 2020’s unprecedented market circumstances present us with the very best variety of buying and selling alternatives in a decade. So we’re testing stocks advisable/scorned by legendary Invoice Miller. We interview hedge fund managers and ask them about their finest concepts. If you wish to discover out the perfect healthcare stock to purchase proper now, you possibly can watch our newest hedge fund supervisor interview right here. We learn hedge fund investor letters and hearken to stock pitches at hedge fund conferences. Our greatest name in 2020 was shorting the market when the S&P 500 was buying and selling at 3150 after realizing the coronavirus pandemic’s significance earlier than most buyers. You possibly can subscribe to our free enewsletter under to obtain our tales in your inbox: Like Studying This? Subscribe to Insider Monkey’s Free Each day Publication We may use your electronic mail to ship advertising emails about our companies. Click on right here to learn our privateness coverage. Disclosure: None. This text is initially printed at Insider Monkey.