11 Best New Company Stocks to Buy in 2017

Page 6 of 12
  1. Jeld-Wen Holding Inc (NYSE:JELD)
  2. – Number of Hedge Funds With Long Positions (as of March 31): 22
    – Aggregate Value of Hedge Funds’ Holdings (as of March 31): $282 million

    Next is Jeld-Wen Holding Inc (NYSE:JELD), which finally went public in the first quarter after being in operation as a private company since 1960. Despite a secondary offering in May, shortly after its IPO, shares of Jeld-Wen have gained over 30% this year. The offerings have helped Jeld-Wen deleverage its balance sheet, which contained $1.6 billion in debt at the end of 2016. Richard S. Pzena‘s Pzena Investment Management owns 2.51 million shares of Jeld-Wen as of the end of March.

    Dmitry Kalinovsky/Shutterstock.com

    Dmitry Kalinovsky/Shutterstock.com

    Follow Jeld-Wen Holding Inc. (NYSE:JELD)

Page 6 of 12