Michael Weisberg’s Crestwood Capital Management’s Top Stocks


Crestwood Capital Management’s senior managing director is Michael Weisberg. The investment firm, situated in New York, manages more than $436 million in assets. He has worked with Crestwood since 2009 and holds several positions within the company, including ownership shares. Crestwood Capital Management is a long/short equity hedge fund that invests in equities from the information technology, finance, industrials, consumer discretionary, healthcare, and communications industries. For the second quarter, the top ten stocks account for 65.98 percent of Weisberg’s portfolio.

Insider Monkey takes a look at Michael Weisberg’s Crestwood Capital Management’s top 10 stock picks. As of June, Crestwood Capital Management owned 59,628 shares of Ferrari N.V., worth $12.28 million and accounting for 4.76 percent of the firm’s portfolio. The 288 GTO, Enzo Ferrari, LaFerrari, and F8 Spider are some of the company’s most well-known supercars. Huazhu Group Limited is owned by Crestwood Capital Management, which holds 286,172 shares worth $15.11 million. The multi-brand hotel chain will operate and control 6187 hotels by 2020, including franchised locations. Five Below, Inc. is an American speciality discount retail chain that sells items for as little as $5. The company has over 1,000 locations around the United States, with a limited selection of goods ranging from $6 to $10. Michael Weisberg’s top stock pick for the second quarter is Synopsys, Inc. The company engages in chip design, verification, IP integration, software security, and quality testing to build smart and cutting-edge solutions. Carvana Co. analyst Chris Pierce reaffirmed a Buy rating on the stock on November 5 but dropped the price target from $421 to $378 after the company’s third-quarter earnings failed expectations. However, the company’s sales came in at $3.48 billion, which was $219.76 million higher than expected. For more details, click Michael Weisberg’s Crestwood Capital Management’s Top 10 Stocks.

Michael Weisberg's Crestwood Capital Management's Top 10 Stocks