5 Best Growth Stocks to Buy According to Marc Majzner’s Clearline Capital

In this article, we’ll take a look at the 5 best growth stocks to buy according to Marc Majzner’s Clearline Capital. For more stocks, the risk/reward, and the methodology of this list, head on to 10 Best Growth Stocks to Buy According to Marc Majzner’s Clearline Capital.

5. Perrigo Company plc (NYSE:PRGO)

Stake Value in Clearline Capital’s 13F Portfolio: $22.61 million

Percentage of Clearline Capital portfolio: 2.92%

Number of Hedge Funds: 24

Based in Ireland, Perrigo Company plc (NYSE:PRGO) provides over-the-counter (OTC) health and wellness solutions. The company derives 70% of its net sales from the US healthcare system and is amongst the top growth stocks in Marc Majzner’s Clearline Capital portfolio.

Perrigo Company plc (NYSE:PRGO) was upgraded by Argus analyst Kristina Ruggeri from Hold to Buy with a $46 price target in September 2022.

Perrigo Company plc (NYSE:PRGO) is one of the largest holdings of Clearline Capital. The hedge fund started building its position in the company with shares worth over $22.61 million, which made up 2.92% of Marc Majzner’s portfolio.

In Q2 2022, Camber Capital Management was one of the leading shareholders of Perrigo Company plc (NYSE:PRGO), with shares worth over $111.56 million. Moreover, 24 hedge funds in Insider Monkey’s database held a $633.16 million worth of stake in the company in Q2 2022.