12 Best New Stocks to Buy According to Hedge Funds

8) Lineage, Inc. (NASDAQ:LINE)

Number of Hedge Fund Holders: 35

Lineage, Inc. (NASDAQ:LINE) is a global leader in temperature-controlled logistics, specializing in the storage and transportation of perishable goods. It began trading on 25^th July 2024.

Lineage, Inc. (NASDAQ:LINE)’s growth is expected to be aided by significant investment in technology and automation. The technological advancements should drive substantial operational efficiencies and margin improvements. These improvements should stem from cost-saving measures in labor and power consumption and enhanced data analytics capabilities that optimize warehouse operations. Lineage, Inc. (NASDAQ:LINE)’s focus on automation and data-driven decision-making places it well to address industry challenges like labor shortages and energy costs.

Lineage, Inc. (NASDAQ:LINE)’s proprietary warehouse management system, LinOS, and customer-facing platform, Lineage Link, should enhance operational efficiency and improve customer experience. Technological advancements can also lead to higher warehouse utilization rates.

As Lineage, Inc. (NASDAQ:LINE) focuses on refining and expanding its technological capabilities, it can offer more value-added services to its customers, potentially increasing revenue per cubic foot of storage space. Also, the company’s data analytics capabilities can offer valuable insights to its customers, supporting them in optimizing supply chains and inventory management. This can further strengthen customer relationships and create additional revenue streams via consulting or data services.