In this article, we discuss the top 5 stock picks of Minerva Advisors. If you want our detailed analysis of Minerva Advisors’ history, investment philosophy, and hedge fund performance, go directly to Top 10 Stock Picks of Minerva Advisors.
5. InfuSystem Holdings Inc. (NYSE:INFU)
Minerva Advisors’ Stake Value: $8,294,000
Percentage of Minerva Advisors’ 13F Portfolio: 5.37%
Number of Hedge Fund Holders: 10
InfuSystem Holdings Inc. (NYSE:INFU), via its subsidiaries, provides infusion pumps and related goods and services in the United States and Canada. The firm works in two segments: Integrated Therapy Services (ITS) and Durable Medical Equipment Services (DME) (DME Services). It provides electronic ambulatory infusion pumps and related disposable supply kits to oncology, infusion, and hospital outpatient chemotherapy clinics for the treatment of various diseases, including colorectal cancer, pain management, and other disease conditions.
4. Chase Corporation (NYSE:CCF)
Minerva Advisors’ Stake Value: $10,451,000
Percentage of Minerva Advisors’ 13F Portfolio: 6.67%
Number of Hedge Fund Holders: 11
Chase Corporation (NYSE:CCF) is a specialty chemicals firm that makes and distributes protective products for a variety of uses all over the world. It works in three divisions: Adhesives, Sealants, and Additives, Industrial Tapes, Corrosion Protection, and Waterproofing.
Chase Corporation’s (NYSE:CCF) total revenue for the second quarter of 2022 grew 8% to $74 million, compared to the second quarter of 2021. Chase Corporation’s (NYSE:CCF) also ended the second quarter of FY 2022 with a cash balance of $116.0 million and a fully available $200 million revolving credit facility, following the biggest ever dividend distribution of $9.5 million in the second quarter.
CNN’s analysts consensus have a ‘Buy’ rating for Chase Corporation (NYSE:CCF) with a price target of $27. This rating has held steady and constant since November 2021.
3. The E.W. Scripps Company (NYSE:SSP)
Minerva Advisors’ Stake Value: $10,886,000
Percentage of Minerva Advisors’ 13F Portfolio: 7.03%
Number of Hedge Fund Holders: 12
The E.W. Scripps Company (NYSE:SSP) and its subsidiaries operate as a media company with a portfolio of local and national media brands. Local Media, Scripps Network, and Other are the business sectors of the corporation. Local Media is responsible for broadcast television stations that create news, information, and entertainment programming, as well as related digital activities.
The E.W. Scripps Company (NYSE:SSP) generated $566 million in overall revenue and $115 million in segment profit in the first quarter of 2022.
2. Computer Task Group, Incorporated (NASDAQ:CTG)
Minerva Advisors’ Stake Value: $11,900,000
Percentage of Minerva Advisors’ 13F Portfolio: 7.7%
Number of Hedge Fund Holders: 7
Computer Task Group, Incorporated (NASDAQ:CTG) and its subsidiaries provide information and technology services throughout North America, South America, Western Europe, and India. It operates in three segments: North America IT Solutions and Services, Europe IT Solutions and Services, and Non-Strategic Technology Services.
Computer Task Group, Incorporated’s (NASDAQ:CTG) recent press release reported North America IT Solutions and Services increased by 10.7%, offsetting a $6.2 million revenue drop from a deliberate reduction in Non-Strategic Technology Services and a $3.1 million effect from foreign currency exchange headwinds.
1. Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Minerva Advisors’ Stake Value: $13,714,000
Percentage of Minerva Advisors’ 13F Portfolio: 8.88%
Number of Hedge Fund Holders: 12
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) offers dredging services in the United States. The firm specializes in capital dredging, which includes port development projects, coastal restoration, and land reclamation, trench digging for pipelines, tunnels, and cables, and other dredging linked to the building of breakwaters, jetties, canals, and other maritime infrastructure.
For its first quarter of 2022, Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) reported a total of $194.3 million in revenue, a $16.7 million increase over the first quarter of 2021.
For more stock selections you can visit Top 5 Marijuana Stocks to Invest In Right Now and 5 Stock Picks from Andrew Immerman and Jeremy Schiffman’s Palestra Capital Management.
You can also take a peek at 10 Penny Stocks Redditors are Buying in August and 10 Best Nickel Stocks to Buy Now.
