Top 5 Stock Picks of Ben Gordon’s Blue Grotto Capital

1. Spectrum Brands Holdings, Inc. (NYSE:SPB)

Blue Grotto Capital’s Stake Value: $36.7 million

Percent of 13F Portfolio: 9.72%

Number of Hedge Fund Holders: 35

Spectrum Brands Holdings, Inc. (NYSE:SPB) ranks first on our list of top 10 stock picks of Ben Gordon’s Blue Grotto Capital. The company provides branded consumer products like hardware and home improvement, pet care, garden products. It has its operations worldwide.

Spectrum Brands Holdings, Inc. (NYSE:SPB) reported an EPS of $1.11 in the third quarter, beating the market consensus by $0.31. On November 17, 2021, RBC Capital raised its price target to $124 from $100 and kept an “Outperform” rating on the shares.

Spectrum Brands Holdings, Inc. (NYSE:SPB) is in the portfolio of 32 hedge funds as of Q2 2021, as tracked by Insider Monkey. These hedge funds have invested $578 million in the company.

Blue Grotto Capital held 383,603 shares in Spectrum Brands Holdings, Inc. (NYSE:SPB), valued at $36.7 million, and accounting for 9.72% of the 13F portfolio as of the end of Q3 of 2021.

You can also take a peek at 10 Best Stocks to Buy According to Warren Buffett and Here is What Hedge Funds Think About Lumen Technologies, Inc. (LUMN).

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