5 Best Growth Stocks to Buy According to Marc Majzner’s Clearline Capital

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1. NCR Corporation (NYSE:NCR)

Stake Value in Clearline Capital’s 13F Portfolio: $39.81 million

Percentage of Clearline Capital portfolio: 5.14%

Number of Hedge Funds: 47

NCR Corporation (NYSE:NCR) is a software, consulting, and technology corporation that offers a variety of expert services and electronic products. Its products include automated teller machines, point-of-sale terminals, check processing systems, and barcode scanners.

On September 15, NCR Corporation (NYSE:NCR) announced that the plan to divide the company into two distinct publicly traded businesses, one focused on the digital commerce industry and the other on ATM operations, has received full board approval. The separation is planned for the end of 2023. Following this announcement, the stock plunged 22%.

As of the second quarter, Clearline Capital owns more than 1 million shares worth $39.8 million in NCR Corporation (NYSE:NCR). The hedge fund increased its holdings in the company by 100% in the second quarter of 2022. The stock has been a part of Marc Majzner’s fund since Q4 2014.

47 hedge funds in Insider Monkey’s database had stakes in NCR Corporation (NYSE:NCR).

You can also take a look at 10 High-Yield Dividend Stocks for Stable Income and 10 Dividend Stocks to Buy According to Billionaire Cliff Asness.

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