Billionaire Larry Robbins’ Long-Term Stock Picks

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4. Corteva, Inc. (NYSE:CTVA)

Number of Hedge Fund Holders: 33 

Glenview Capital’s Stake: $308.2 million

Corteva, Inc. (NYSE:CTVA) operates in the agriculture business. This company presents a solid investment opportunity, supported by the following points. To begin, a commendable financial growth was witnessed in the report for the third quarter of 2024. For instance, volume increased by 3% as compared to the prior-year period as crop protection growth offset lower seed volumes. Crop protection volume increased 11% over the prior year driven primarily by Latin America and North America’s demand for new products and spinons. This demonstrates the company’s strong demand for innovative offerings in key regions and its ability to adapt to market dynamics and leverage new product introductions for growth. Secondly, the company has collaborated with Pairwise to accelerate the delivery of advanced gene editing solutions to farmers, ultimately benefitting both the environment and everyday consumers. Moreover, the company has further collaborated with BP on the companies’ shared intent to form a crop-based biofuel feedstock joint venture that would produce and deliver crop-based biofuel feedstocks to help meet the anticipated growth in demand for sustainable aviation fuel.

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