5 Stocks to Buy According to James Mitarotonda’s Barington Capital

1. Bath & Body Works, Inc. (NYSE:BBWI)

Mitarotonda’s Stake Value: $36,045,000

Percentage of Mitarotonda’s 13F Portfolio: 33.61%

Number of Hedge Fund Holders: N/A

Ranking first on our list of the top 5 stocks to buy according to James Mitarotonda’s Barington Capital is Bath & Body Works, Inc. (NYSE:BBWI), an American retail store dealing in soaps, lotions, candles, and perfumes. The Ohio-based store has now expanded across 6 continents, and its products are heavily consumed worldwide, since they are affordable and of excellent quality.

Mitarotonda’s Barington Capital owns 500,203 shares in Bath & Body Works, Inc. (NYSE:BBWI), amounting to $36 million. The stock accounts for 33.61% of Mitarotonda’s 13F portfolio. 

The company announced earnings per share for the second quarter on August 18. The actual EPS was $1.34, beating analysts’ consensus estimates by $0.57. The revenue for Bath & Body Works, Inc. (NYSE:BBWI) for Q2 was $3.32 billion, which exceeded estimates by $1.63 billion. Daniela Nedialkova, an analyst associated with Atlantic Equities, upgraded Bath & Body Works, Inc. (NYSE:BBWI) to Overweight from Neutral on September 29, with a price target of $82. 

Out of the hedge funds tracked by Insider Monkey, Lone Pine Capital, managed by Stephen Mendel, is the largest stakeholder in Bath & Body Works, Inc. (NYSE:BBWI). The hedge fund owns 26.2 million shares in the company, worth $1.89 billion. 

You can also view Top 10 Stocks to Invest in According to John Smith Clark’s Southpoint Capital Advisors and Carl Icahn’s Stock Portfolio: Top 12 Picks. 

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