Long-short value-oriented hedge fund Greenlight Capital was founded and is managed by David Einhorn. He received the highest honors upon leaving Cornell University in 1991. From May 1996 to the first quarter of 2018, the hedge fund’s net return had an average of 15.4%. In 2011, David Einhorn urged Microsoft Corporation CEO Steve Ballmer to step down from his job. He filed a lawsuit against Apple Inc. for failing to pay shareholders dividends in 2013. In Q1 2022, he recently made another short wager on Tesla, Inc. In Q1 2022, David Einhorn’s Greenlight Capital generated a return of 4.4 percent versus a 4.6 percent fall in the S&P 500. His hedge fund has produced an average quarterly return of about 8.35 percent over the last eight quarters.
Insider Monkey determines the 10 stocks to buy now according to David Einhorn. The activities of Gulfport Energy Corporation, which produces natural gas, crude oil, and natural gas liquids, include exploration, development, acquisition, and production. The Utica Shale, which is part of the company’s properties and is situated in Eastern Ohio, covers an area of about 187,000 net reservoir acres. PLBY Group, Inc. is a lifestyle company that sells a range of grooming and beauty items for both men and women. Licensing, Direct-to-Consumer, and Digital Subscriptions and Content make up the company’s three business segments. A firm that specializes in exploration and production is Civitas Resources Inc. With $79.55 million in free cash flow, the company can support its trailing twelve-month PE ratio of 9.39 and forward dividend yield of 3.72 percent. TD SYNNEX Corporation operates in the information technology industry and specializes in business process services in the United States and internationally. On July 14, JPMorgan analyst Joseph Cardoso initiated coverage of TD SYNNEX Corporation with a buy-side Overweight rating and a $119 price target. Cardoso noted that the company’s strong free cash flow, which as of July 19 sits at $128.70 million, can help the company support dividends, stock buybacks, and organic & inorganic investments. On June 28, TD SYNNEX Corporation declared a quarterly cash dividend of $0.30 per share of the company’s common stock. The dividend is payable on July 29, to investors of record at the close of business on July 15. As of July 19, the stock has a forward dividend yield of 1.25%. Worldwide Seaways, Inc. owns and manages a fleet of oceangoing ships used for the international flag commerce of crude oil and petroleum products. Crude Tankers and Product Carriers are the company’s two business divisions. For more details, click 10 Stocks To Buy Now According To David Einhorn’s Greenlight Capital.
