5 Small Companies to Invest in 2021

2. Chart Industries, Inc. (NYSE: GTLS)

Number of Hedge Fund Holders: 19

Chart Industries, Inc. (NYSE: GTLS), a manufacturer of equipment for the energy and industrial gas industries worldwide, saw a whopping share price rally of 226% in the last twelve months. At present, its market capitalization is standing around $4.8 billion. Chart Industries represented 0.11% of the Fisher Asset Management portfolio at the end of the first quarter. The firm first initiated a position in Chart Industries in 2018 and raised its stake by 4% during the March quarter this year.

Carillon Tower Advisers, an investment management firm, mentioned a few stocks including Chart Industries in the first quarter investor letter. Here is what Carillon Tower Advisers stated:

“Chart Industries manufactures highly engineered equipment used primarily in the production, storage, and transportation of industrial gases. The firm continues to be an impressive performer, reporting another quarter of record revenue growth and meaningfully raised forward guidance for 2021. Chart appears to be attractively positioned to benefit from a number or worldwide clean energy and environmental, social, and governance trends that are firmly in motion. Most notably, its substantial exposure to the potential adoption of hydrogen as an energy source has created excitement among investors. The company has also made a number of recent acquisitions and investments to further bolster its position in other sustainability initiatives such as water treatment and carbon capture.”