5 Best Land and Timber Stocks to Invest in

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1. Mohawk Industries, Inc. (NYSE:MHK)

Number of Q4 2023 Hedge Fund Shareholders: 40

Mohawk Industries, Inc. (NYSE:MHK) is one of the biggest flooring companies in the U.S. It provides products such as floorboards, fiber boards, and chip boards. The shares are rated Buy on average, and the average analyst share price target is $121.67.

Insider Monkey scoured through 933 hedge fund portfolios for 2023’s December quarter and found that 40 had invested in the firm. Mohawk Industries, Inc. (NYSE:MHK)’s largest hedge fund stakeholder is John W. Rogers’s Ariel Investments through its $222 million investment.

Follow Mohawk Industries Inc (NYSE:MHK)

Disclosure: None. You can also take a look at the 10 Best Multibagger Stocks to Buy Now and 15 Best Eventbrite Alternatives for Registration & Ticketing.

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