5 Stocks To Invest In According To Jamie Zimmerman’s Litespeed Capital

In this piece, we will take a look at the top five stocks to invest in according to Jamie Zimmerman’s Litespeed Capital. If you want more details about the hedge fund executive and other stocks, then head on over to 10 Stocks To Invest In According To Jamie Zimmerman’s Litespeed Capital.

5. SPX FLOW, Inc. (NYSE:FLOW)

Litespeed Capital Management’s Stake Value: $7.43 million

Percentage of Litespeed Capital Management’s 13F Portfolio: 8.19%

Number of Hedge Fund Holders: 28

SPX FLOW, Inc. (NYSE:FLOW) is an industrial products and services provider, whose products allow customers to conduct several different kinds of manufacturing operations. These operations include air filtration, heat separation, and pumping fluids. The company is headquartered in Charlotte, North Carolina, United States.

Barclays increased the company’s price target to $86 from $75 in January 2022, indicating that inflation in the U.S. will benefit the company.

Ms. Zimmerman’s Litespeed Capital Management owned 101,645 SPX FLOW, Inc. (NYSE:FLOW) shares as the third quarter of 2021 came to an end. This resulted in a stake that was worth $7.43 million and represented 8.19% of the firm’s portfolio. During the same time period, 28 of the 867 hedge funds surveyed by Insider Monkey had owned stakes in the company, for an all-time high holding since Q3 2016.

Ian Simm’s Impax Asset Management is SPX FLOW, Inc. (NYSE:FLOW)’s largest investor with a $129 million stake that comes through owning 1.7 million shares.