In 1997, Jeffrey Gendell founded the hedge fund Tontine Asset Management in Connecticut. He earned a bachelor’s degree from Duke University and an MBA from the Wharton School. He is currently a managing member and macro-investor at Tontine Asset Management. Jeffrey Gendell owns a stake in Citigroup Inc. worth $25.60 million. Citigroup is up 38% in the last year. West Fraser Timber Co. Ltd. reported earnings per share of $12.32, $0.07 higher than analysts’ expectations.
Here is Insider Monkey’s list of stocks to buy now according to Jeffrey Gendell’s Tontine Asset Management. HC2 Holdings, Inc. is a global provider of insurance, life sciences, construction, and broadcasting services. It is ranked tenth by Tontine Asset Management on its list of the top ten stocks to buy right now. In the second quarter of 2021, the hedge fund increased its stake in the company by 5%. Over the last 12 months, Avadel Pharmaceuticals Plc shares have returned 16.90 percent to investors. It is ranked tenth on Jeffrey Gendell’s Tontine Asset Management’s list of ten stocks to buy now. SPDR Series Trust – SPDR Portfolio S&P 500 High Dividend ETF is an exchange-traded fund traded on the New York Stock Exchange. Tontine Asset Management, run by Jeffrey Gendell, ranks it ninth on a list of the ten best stocks to buy right now. Alpha Metallurgical Resources, Inc. stock has returned 806.17 percent to investors over the last 12 months. According to Jeffrey Gendell’s Tontine Asset Management, it ranks eighth on a list of ten stocks to buy now. Camping World Holdings, Inc. shares have returned 24.64 percent to investors over the last 12 months. CWH is ranked seventh on Tontine Asset Management’s list of the top ten stocks to buy right now. Camping World Holdings has seen a 35% increase in the hedge fund’s stake. For more details, click 11 Stocks To Buy Now According To Jeffrey Gendell’s Tontine Asset Management.
