Manhattan-based consulting firm Greenhaven Associates has been around since 1988 and was founded in New York City. Value-oriented hedge funds like this one are well-known on Wall Street. A Harvard Business School MBA is on the resume of the fund’s portfolio manager, Edgar Wachenheim. Additionally, he worked for IBM and Goldman Sachs. Greenhaven Associates, the investment firm founded by Edgar Wachenheim, oversees a portfolio worth over $2.9 billion. Lennar Corporation, Goldman Sachs Group Inc., and General Motors Company are the hedge fund’s top three holdings. Another notable choice is Whirlpool Corporation.
Insider Monkey compiled the list of 10 best stocks under $200 according to Edgar Wachenheim’s Greenhaven Associates. Analytical and electronic measurement solutions from Agilent Technologies Inc. are used by chemical analysis, life sciences and communication companies. In addition, the company manufactures laboratory equipment and apparatus. A total of 10,700 shares worth $1.58 million were held by Greenhaven Associates at the end of the June 2021 quarter. As a global provider of financial services, Morgan Stanley is a household name in the industry. Investment management and wealth management are offered by the company. As of the end of the second quarter of 2021, Greenhaven Associates owned 276,290 Morgan Stanley shares, valued at $25.3 million. Florida-based construction company Lennar Corporation has operations across the United States. Lennar Corporation’s price target was raised from $110 to $120 by Wedbush. Investors should be encouraged by Argus’s view that the housing market is poised for a comeback. Texas-based D.R. Horton, Inc. provides home building services. Land is purchased, a plan is created, houses are constructed, and then sold. Greenhaven Associates owns a total of 775,945 shares of the company, which is valued at approximately $70.12 million. Bunge Limited is a Missouri-based agribusiness and food industry company based in St. Louis, Missouri. Sugarcane bagasse is used to generate electricity, and the company also offers bioenergy solutions. $3.2 million worth of Bunge Limited stock is held by Greenhaven Associates. For more details, click 10 Best Stocks Under $200 According To Edgar Wachenheim’s Greenhaven Associates.