Billionaire Larry Robbins’ Long-Term Stock Picks

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11. Evolv Technologies Holdings, Inc. (NASDAQ:EVLV)

Number of Hedge Fund Holders: 18 

Glenview Capital’s Stake: $19.8 million

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) provides artificial intelligence-based weapons detection for security screening in the United States and internationally. The following elements demonstrate why this company is an excellent investment choice. First of all, as per the report for the second quarter of 2024, total revenue was $25.5 million, an increase of 29% compared to $19.8 million for the second quarter of 2023. This demonstrates improved business performance and potential for sustained revenue expansion in the future. Secondly, the company’s partnership with Boston Common Golf aims to bring leading security technology and enhanced guest experiences to the new international golf league. Moreover, the company has also announced its partnership with Toyota Center, home of the NBA’s Houston Rockets, aiming to utilize Evolv’s technology to create a safer and more efficient screening process.

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