5 Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital

In this article, we will discuss: 5 Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital. For more stocks, you can head to 10 Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital.

Glenn Russell Dubin of Highbridge Capital Management

5. Enviri Corporation (NYSE:NVRI)

Highbridge Capital’s Stake: $34.3 million

Enviri Corporation (NYSE:NVRI) is one of the largest waste management companies in the US. Its shares are up by 100% since they started trading as a standalone company. The move occurred on June 2nd after it spun off its environmental and rail divisions and sold its clean-earth business. On June 23rd, Enviri Corporation (NYSE:NVRI) rang the opening bell at the New York Stock Exchange. Ahead of the spinoffs, the firm also reported its first-quarter earnings in May.

The results saw Enviri Corporation (NYSE:NVRI) post $550 million and a GAAP consolidated loss of $8 million. During the quarter, the firm also earned $65 million in operating income. “Our first quarter results reflect continued execution across the business as we navigated a dynamic operating environment and weather-related disruptions that impacted Clean Earth,” said Enviri Chairman and CEO Nick Grasberger. “We remain on track to complete the sale of Clean Earth and the separation of Harsco Environmental and Harsco Rail in the second quarter, unlocking significant sum-of-the-parts value and marking an important milestone for the Company.”