Top 5 Stock Picks of Mark Lee’s Mountaineer Partners

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1. Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Mountaineer Partners Management’s Stake Value: $11.864 million

Percentage of Mountaineer Partners Management’s 13F Portfolio: 8.63%

Number of Hedge Fund Holders as of Q2 2021: 35

Spirit AeroSystems Holdings, Inc. (NYSE: SPR) is the manufacturer of aerostructures such as components of the Boeing aircraft. The company was established in 2005 and is headquartered in Wichita, Kansas.

On November 3 this year, Spirit AeroSystems Holdings, Inc. (NYSE: SPR) announced its earnings. The company’s revenue for Q3 2021 was $980 million, which demonstrated year-over-year growth of 21.6% yet missed estimates by $30 million. Moreover, the EPS for Q3 2021 was reported to be -$1.09, which missed the estimated EPS by $0.39. Before this, on October 21, Ken Herbert, an analyst at RBC Capital, initiated the coverage of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) with an “Outperform” rating and set a price target of $62 on its shares.

You can also take a peek at the 15 Dividend Stocks People Buy for Early Retirement and 10 Best Tech ETFs to Buy According to Reddit.

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