2024 SOHN Conference Stock Pitches

David Einhorn, Greenlight Capital Investment

Investment idea: Solvay

Greenlight’s David Einhorn unveiled Solvay as his top investment idea, saying the European chemicals company is a market leader with an attractive valuation.

“Solvay is an essential chemical company that holds the number one position across all of its markets” Einhorn said. “While all of these are thought of as commodity businesses, they are higher margin and much more stable than most commodity chemical businesses.”

Solvay shares are down more than 3% year to date. Over the past year, they have tumbled more than 70%.