Retail Stocks To Buy According To Greg Poole’s Echo Street Capital


In New York City, Echo Street Capital is a hedge fund. Gregory Poole, the hedge fund manager who founded the company, is running it. One of the few multi-billion dollar investment firms has grown its assets. From $5.8 billion in 2013 to $14 billion in 2014, the hedge fund’s portfolio has grown. In addition to Microsoft Corporation, it has invested in a number of other companies.

Here is Insider Monkey’s list of the 10 retail stocks to buy according to Greg Poole’s Echo Street Capital. An impressive $31.9 billion in revenue and non-GAAP EPS of $0.78 were reported by Kroger Co. in its fiscal Q3. From $44 to $48 in December 2021, MKM Partners raised its price target on the stock. Chewy, Inc. is an online retailer based in the United States that specializes in pet supplies and services. Pet food, supplies, and health products can be sold through the company’s retail website and mobile app. Shares in Citigroup fell by more than a tenth of a percent in December 2021, to $61. Panayotis Takis Sparaggis’ Alkeon Capital Management owns the most shares of Yum! Brands, Inc., with 2.3 million shares worth $282 million. Shares of Barclays have risen from $133 to $140 in December 2021. During the second quarter of the fiscal year, Deckers Outdoor Corporation earned $721 million in revenue and $3.66 in GAAP EPS. Robert Pitts’ Steadfast Capital Management owns 825,423 shares worth $297 million, making him the company’s largest shareholder. Electricity retailer Vistra Corp. serves customers in the United States. Vistra missed analyst revenue estimates by a wide margin in its third fiscal quarter, bringing in $2.99 billion in revenue and earning an operational net profit of $16 million. For more details, click 10 Retail Stocks To Buy According To Greg Poole’s Echo Street Capital.