David Einhorn launched Greenlight Capital, a hedge fund based in the United States, in 1996. The fund primarily invests in publicly listed company shares and debt. Greenlight Capital recently disclosed that it has paid $21.59 for shares of Twitter, Inc. Around 487,500 Twitter shares are held by the hedge fund. The large price spikes induced by trading shorts impacted several of Greenlight’s investments. Over the last year, investors have received a 145 percent return on their investment in GoPro stock. GoPro, Inc. is owned by David Einhorn, who holds 1 million shares valued at around $11.84 million. In the first quarter, the hedge fund exited its Tesla short position.
Here is Insider Monkey’s list of some of the best stocks to buy based on David Einhorn’s Q1 portfolio. Capri Holdings Limited is a global retailer of clothes, footwear, and accessories. Over the last twelve months, Capri stock has returned more than 234 percent to investors. Greenlight Capital, led by David Einhorn, added this stock to its portfolio in the fourth quarter. One of the most well-known firms in the high-end audio devices sector is Sonos, Inc. According to David Einhorn’s Greenlight Capital, it ranks ninth on our list of the top ten stocks to purchase. A multi-year licensing arrangement with Legrand is one of the company’s major achievements. ODP Corporation serves its clients with business services and digital workplace technology solutions. Last quarter, David Einhorn’s Greenlight Capital added this stock to its portfolio. In the past year, ODP stock has provided investors with returns of more than 78 percent. The company reported $0.95 EPS in Q1 2021, exceeding projections by $0.38, while sales were up 13.2 percent year over year to $2.38 billion. FuboTV Inc. is a TV streaming service located in the United States that mostly broadcasts live sports channels. It has revealed intentions to launch a new studio that would be used by advertisers. According to David Einhorn’s Capital, it ranks seventh on the list of the top ten stocks to buy. EchoStar Corporation is a broadband internet service provider and a broadband satellite service provider. According to David Einhorn’s Greenlight Capital, it ranks sixth on the list of the top ten stocks to purchase. EchoStar has released its financial results for the first quarter of 2021, demonstrating strong performance. For more details, click 10 Best Stocks to Buy According to David Einhorn’s Greenlight Capital.
