Ricky Sandler’s Eminence Capital’s Top 5 Stocks

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1. Ashland Global Holdings Inc. (NYSE:ASH)

Eminence Capital’s Stake Value: $353,078,000

Percentage of Eminence Capital’s 13F Portfolio: 4.34%

Number of Hedge Fund Holders: 28

Ashland Global Holdings Inc. (NYSE:ASH) ranks first on our list of Ricky Sandler’s Eminence Capital’s top 10 stocks. Ashland Global Holdings Inc. (NYSE:ASH) is a materials company that operates on a global scale, serving customers from a wide range of industries such as automotive, construction, energy, food and beverage, personal care, and pharmaceuticals, among others. Ashland Global Holdings Inc. (NYSE:ASH)’s products and services are available across 100 countries. 

Eminence Capital owns over 4 million shares in Ashland Global Holdings Inc. (NYSE:ASH), worth roughly $353 million, representing 4.34% of the firm’s Q2 portfolio. 

Eminence Capital is the leading stakeholder in Ashland Global Holdings Inc. (NYSE:ASH) as of Q2. Overall, 28 hedge funds monitored by Insider Monkey were long Ashland Global Holdings Inc. (NYSE:ASH) at the end of June. 

On October 12, Mizuho analyst Christopher Parkinson kept a Buy rating on Ashland Global Holdings Inc. (NYSE:ASH), with a price target of $116. He believes that investors often tend to ignore the company’s long-term cash flow. 

You can also take a look at Retirement Stock Portfolio: 10 Safe Tech Stocks To Consider and 10 Best Gas Stocks To Buy Now.

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