In this article, we discuss the Top 5 Stock Picks of Amy Minella’s Cardinal Capital. If you want to read our detailed analysis of Amy Minella’s history, investment philosophy, and hedge fund performance, go directly to Top 10 Stock Picks of Amy Minella’s Cardinal Capital.
5. Enovis Corporation (NYSE:ENOV)
Cardinal Capital Management’s Stake Value: $68 million
Enovis Corporation (NYSE:ENOV), formerly known as Colfax Corporation, is an innovation-driven medical technology company focused on developing clinically differentiated solutions generating measurably better patient outcomes and transforming workflows. The company is a provider of an extensive range of products, services, and integrated technologies that fuel active lifestyles in orthopedics.
4. Ziff Davis, Inc. (NASDAQ:ZD)
Cardinal Capital Management’s Stake Value: $112 million
Ziff Davis, Inc. (NASDAQ:ZD) is a focused digital media and internet company. The company’s portfolio includes leading brands in technology, entertainment, shopping, health and cybersecurity.
JMP Securities reduced its target price on shares of Ziff Davis, Inc. (NASDAQ:ZD) from $145.00 to $110.00. They have given a “Market Outperform” rating on 23rd May.
At the end of the second quarter, 19 hedge funds tracked by Insider Monkey reported having stakes in the company, down from 24 in the previous quarter.
3. Silgan Holdings Inc. (NASDAQ:SLGN)
Cardinal Capital Management’s Stake Value: $139 million
Silgan Holdings Inc. (NASDAQ:SLGN) is a leading manufacturer of rigid packaging for consumer goods products. Its products are used in a wide variety of end markets and it operates 110 manufacturing plants in North America, Europe, Asia, and South America.
Silgan Holdings Inc. (NASDAQ:SLGN) was in 18 hedge funds’ portfolios at the end of Q1 2022, compared to 15 in the preceding quarter. At the end of the first quarter, combined value of their stakes was $250.9 million.
Upslope Capital Management, an investment management firm, published its Q1 2022 investor letter and mentioned Silgan Holdings Inc. (NASDAQ:SLGN). Here is what the fund said:
“Silgan (NASDAQ:SLGN): Food can, dispensing system, and plastic packaging producer managed with a private equity mindset. Defensive end markets, attractive valuation and disciplined model make for attractive baseline investment with balance sheet optionality (M&A or capital return).”
2. PacWest Bancorp (NASDAQ:PACW)
Cardinal Capital Management’s Stake Value: $116 million
PacWest Bancorp (NASDAQ:PACW) is a bank holding company having one wholly-owned banking subsidiary, Pacific Western Bank. The bank offers commercial banking services, including real estate, construction, and commercial loans, and comprehensive deposit and treasury management services. These services are provided to small and mid-size businesses.
Truist Financial reduced its price target on shares of PacWest Bancorp (NASDAQ:PACW) from $45.00 to $38.00 and gave a “Buy” rating on the stock on 13th June.
1. Nexstar Media Group, Inc. (NASDAQ:NXST)
Cardinal Capital Management’s Stake Value: $171 million
Nexstar Media Group, Inc. (NASDAQ:NXST) is a television broadcasting and digital media company. It is focused on the acquisition, development, and operation of television stations and interactive community websites and digital media services.
Richie Capital Group, an investment management firm, published its first-quarter 2022 investor letter and mentioned Nexstar Media Group, Inc. (NASDAQ:NXST). Here is what the fund said:
“Nexstar Media Group (NXST up 24.8%) – The television broadcasting and digital media company surged during the quarter after presenting at an investor conference where management pointed to a strong 2022 for both political advertising and retransmission. They have exposure to more than 80% of markets with competitive mid-term political races. NXST is developing new ad categories such as sports betting and they are focused on expanding digital ad revenue and providing digital solutions to local advertisers. Auto advertising will return in the fall as auto dealerships re-enter the market to sell their replenished inventory.”
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