Best Stocks To Buy Now According To David Einhorn’s Greenlight Capital

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David Einhorn is a hedge fund manager and investor. Greenlight Capital was formed by him in 1996, and he is now the president of the hedge fund. As of the third quarter, the fund had about $1.5 billion in 13F securities. It’s considered a value-oriented fund. David Einhorn is known for his ability to predict market conditions in advance. In 2007, he sold Lehman Brothers stock short, claiming that the company was engaging in questionable accounting procedures. In the third quarter, the investor grew his investment in Sonos, Inc. by 55 percent.

Here is Insider Monkey’s list of 10 best stocks to buy now according to David Einhorn’s Greenlight Capital. Danimer Scientific, Inc. is a major innovator in plastics biotechnology and a sustainable biopolymer manufacturer. David Einhorn of Greenlight Capital grew his position in the company by 12% in the third quarter. The ODP Corporation is a Florida-based office supply and furniture retailer with a retail store network, e-commerce websites, and a B2B sales network. The quarterly sales was $2.18 billion, down 14.18 percent year over year and $94.39 million short of expectations. Concentrix Corporation is one of David Einhorn’s top investment selections. The company reported an EPS of $2.49, which was $0.25 higher than expected. Insider Monkey’s Q3 database revealed that 21 hedge funds were long Concentrix Corporation. Greenlight Capital has 2.11 million shares of CONSOL Energy Inc., valued at $55.1 million, accounting for 3.69 percent of all Q3 investments. The company is owned by Encompass Capital Advisors, which owns a $14.79 million stake. According to David Einhorn’s Greenlight Capital, the Chemours Firm, an American chemical company, is one of the greatest stocks to buy right now. In total, 38 hedge funds out of 867 in Insider Monkey’s database were positive on The Chemours, totaling $548.9 million. For more details, click 10 Best Stocks To Buy Now According To David Einhorn’s Greenlight Capital.

 

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