Pennant Investors LLC’s chief investment officer and founder is Alan Fournier. The corporation’s interests include a diverse range of businesses. Its primary investments are in the entertainment and technology industries, particularly the tech and media sectors. Pennant Capital Management is based in Summit, New Jersey, founded in 1987. Pennant Capital’s founder and chief investment officer is Mr. Fournier. He spent more than 12 years in the banking industry before joining Pennant. The hedge fund’s portfolio was worth $352 million in the third quarter of this year.
Here is Insider Monkey’s top 10 stocks to invest in according to Alan Fournier’s Pennant Capital. In its third fiscal quarter, Antero Resources Corporation reported $534 million in revenue and a non-GAAP EPS of $0.19, falling short of analyst expectations. The firm owns gas pipelines, compressor stations, and land across the United States. For the first quarter of fiscal 2022, the company made $805 million in sales and -$1.25 in GAAP earnings per share. Chase Coleman and Feroz Dewan’s Tiger Global Management LLC are the main shareholders in Peloton Interactive, Inc. For the fourth quarter of fiscal 2021, TransDigm Group Incorporated earned $1.28 billion in sales and $4.25 in non-GAAP EPS. Chase Coleman and Feroz Dewan’s Tiger Global Management LLC are the company’s main shareholders. Chris Hohn’s TCI Fund Management, which holds 2.9 million shares worth $7.8 billion in Alphabet Inc., is the company’s biggest shareholder. In a note published in October 2021, Mizuho raised its price objective to $3,100. Charter Communications, Inc. is a cable and internet connection company. It was created in 1993 and is headquartered in Stamford, Connecticut. The firm recorded $13 billion in revenue and $6.50 in GAAP EPS for the third quarter. For more details, click Top 10 Stocks To Invest In According To Alan Fournier’s Pennant Capital.
