Billionaire Larry Robbins’ Long-Term Stock Picks

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7. Element Solutions Inc (NYSE:ESI)

Number of Hedge Fund Holders: 46

Glenview Capital’s Stake: $122.4 million

Element Solutions Inc (NYSE:ESI) is a diversified producer of high-technology specialty chemical products. This company emerges as a prime investment opportunity for several reasons. First and foremost, as per the report for the third quarter of 2024, net sales reported were $645 million, an increase of 8% on a reported basis or 6% on an organic basis from the third quarter of 2023. This growth signals strong business performance, indicating both expansion in overall sales and solid organic growth, which is important for sustainable long-term success. Secondly, the company has made an agreement to sell its MacDermid Graphics Solutions business to XSYS, a portfolio company of Platinum Equity. This would allow Element Solutions to focus on its core businesses and enhance shareholder value.

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