5 Best Stocks to Buy According to Don Morgan’s Brigade Capital

4. Bowlero Corp. (NYSE:BOWL)

Brigade Capital’s Stake Value: $9,531,000

Percentage of  Brigade Capital’s 13F portfolio: 1.06%

Number of  Hedge Fund Holders: 18

Bowlero Corp. (NYSE:BOWL) owns and operates bowling alleys under the AMF and Bowlero brand names. The firm also hosts and manages professional and amateur bowling competitions, as well as associated programming. Don Morgan’s Brigade Capital owned 904,227 shares of Bowlero Corp. (NYSE:BOWL) as of Q2 2022 worth $9.5 million, representing 1.06% of the total holdings.

JPMorgan analyst Kevin Heenan on September 16 raised his price target on Bowlero Corp. (NYSE:BOWL) to $18 from $17 and kept an Overweight rating on the shares following the Q4 beat.

According to Insider Monkey’s data, 18 hedge funds were bullish on Bowlero Corp. (NYSE:BOWL) in Q2 2022, down from 23 funds in the prior quarter.