In this article, we discuss the top 5 stock picks of Brandon Osten’s Venator Capital Management. If you want our detailed analysis of these stocks, go directly to the Top 10 Stock Picks of Brandon Osten’s Venator Capital Management.
5. WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)
Venator Capital Management’s Stake Value: $9,197,000
Percentage of Venator Capital Management’s 13F Portfolio: 3.12%
Number of Hedge Fund Holders: 52
WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) is a leading American REIT formed as a result of a merger between WillScot and Mobile Mini. Whereas WillScot specializes in modular space solutions, Mobile Mini offered portable storage solutions.
Venator Capital Management owns 330,000 shares in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC), worth $9.19 million, representing 3.12% of the firm’s portfolio.
At the end of June, 52 hedge funds were long WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC), with stakes $1.39 billion, up from 47 in the previous quarter, with stakes amounting to $1.27 billion.
Jefferies analyst Philip Ng kept a Buy rating on WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC), setting the price target at $36.
Bernzott Capital Advisors mentioned that WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) is a smart buy in their Q4 2020 investor letter. Here is what they said:
“Willscot Mobile Mini Holdings (WSC): Reported solid financial results highlighted by rate increases in its modular segment and good cash flow. The merger of WillScot and Mobile Mini was completed in 3Q. The two business models are both based on strong recurring revenues from long duration leases and similar asset characteristics, such as long lives, low maintenance, high margin, short payback periods and strong cash flow generation. By combining the fleets, totaling over 365,000 units, the offering becomes more strategic and valuable to customers, and the diversification of the portfolio improves. The company is off to a good start following the merger.”
4. LivePerson, Inc. (NASDAQ:LPSN)
Venator Capital Management’s Stake Value: $9,486,000
Percentage of Venator Capital Management’s 13F Portfolio: 3.22%
Number of Hedge Fund Holders: 27
LivePerson, Inc. (NASDAQ:LPSN) is a global technology company specializing in conversational commerce and AI software. LivePerson, Inc. (NASDAQ:LPSN) is known for developing the Conversational Cloud, a software platform that enables customers to collaborate with and message brands. The company is also traded as a S&P 600 Component, and is one of the top stocks in Venator Capital Management’s 13F portfolio for the second quarter.
On October 21, Barclays analyst Ryan MacWilliams downgraded LivePerson, Inc. (NASDAQ:LPSN) to Underweight from Overweight, with a price target of $50, down from $80.
3. Skechers U.S.A., Inc. (NYSE:SKX)
Venator Capital Management’s Stake Value: $9,966,000
Percentage of Venator Capital Management’s 13F Portfolio: 3.38%
Number of Hedge Fund Holders: 35
Skechers U.S.A., Inc. (NYSE:SKX) is a global consumer focused footwear brand, which sells its products in 170 countries, with over 70 offices and showrooms, and more than 4050 stores worldwide as of the second quarter. Skechers U.S.A., Inc. (NYSE:SKX) is the third largest footwear brand in the United States, and it is one of the top stocks in Brandon Osten’s Venator Capital Management.
Osten owns 200,000 shares in Skechers U.S.A., Inc. (NYSE:SKX), worth $9.96 million, making up 3.38% of Osten’s 13F portfolio.
At the end of June, 35 hedge funds were long Skechers U.S.A., Inc. (NYSE:SKX), up from 29 in the first quarter.
2. Wayfair Inc. (NYSE:W)
Venator Capital Management’s Stake Value: $11,050,000
Percentage of Venator Capital Management’s 13F Portfolio: 3.75%
Number of Hedge Fund Holders: 35
Wayfair Inc. (NYSE:W) is an American e-commerce company selling furniture and home foods. The digital e-commerce platform has thousands of brands listed for customers, with five main websites: Wayfair, Joss & Main, AllModern, Birch Lane and Perigold. Wayfair Inc. (NYSE:W) is one of the top stock picks of Osten’s Venator Capital Management.
Osten owns 35,000 shares in Wayfair Inc. (NYSE:W), valued at $11.05 million, representing 3.75% of Osten’s Q2 portfolio.
Here is what Vulcan Value Partners has to say about Wayfair Inc. in its Q1 2021 investor letter:
“During the quarter, Wayfair Inc. was a material contributor to the portfolio after reporting strong earnings, increased revenue, positive operating margins, and strong free cash flow generation. The company’s long-term trajectory is positive, and we are pleased to own this business.”
1. OptimizeRx Corporation (NASDAQ:OPRX)
Venator Capital Management’s Stake Value: $13,463,000
Percentage of Venator Capital Management’s 13F Portfolio: 4.57%
Number of Hedge Fund Holders: 13
Ranking first on our list of the top stock picks of Brandon Osten’s Venator Capital Management is OptimizeRx Corporation (NASDAQ:OPRX), which is a digital health company working to bring life sciences support to patients and healthcare providers. The company facilitates the launch of healthcare and medicine brands, supports clinical trials for patients, and provides a digital platform where patients and providers can connect.
Osten owns 217,500 shares in OptimizeRx Corporation (NASDAQ:OPRX), valued at $13.46 million, making up 4.57% of Osten’s 13F portfolio.
At the end of June, 13 hedge funds were bullish on OptimizeRx Corporation (NASDAQ:OPRX), up from 11 in the previous quarter.
You can also take a look at 12 Best Warehouse and Self Storage Stocks to Buy and 10 Best Tech Stocks to Buy Now.
