Published on 26 May 2023 on Insider Monkey via Yahoo Finance
12 Best Growth Stocks to Buy and Hold in 2023 According to Billionaire Rajiv Jain
In this article, we discuss 12 best growth stocks to buy and hold in 2023 according to billionaire Rajiv Jain. If you want to see more stocks in this selection, check out 5 Best Growth Stocks to Buy and Hold in 2023 According to Billionaire Rajiv Jain.
Bloomberg reported on May 23 that Rajiv Jain, the billionaire CEO of GQG Partners, has increased his investment in Gautam Adani's conglomerate by approximately 10% and plans to participate in the conglomerate's upcoming fundraising efforts. This decision reflects Jain's strong belief in the outstanding infrastructure assets present in India, which he considers to be the finest available. The billionaire noted that GQG's investments in Adani were valued at approximately $3.5 billion. Jain stated in an interview with Bloomberg:
“Within five years, we would like to be one of the largest investors in Adani Group depending on the valuation, after the family. We would certainly want to be partners in any of Adani Group’s new offerings.”