5 Best Stocks to Buy According to Ed Bosek’s BeaconLight Capital

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In this article, we take a look at the five best stocks to buy according to Ed Bosek’s BeaconLight Capital. To find out about more stocks, head on over to 10 Best Stocks to Buy According to Ed Bosek’s BeaconLight Capital.

5. Constellium SE (NYSE:CSTM)

BeaconLight Capital’s Stake Value: $12.3 million

Percentage of BeaconLight Capital’s 13F Portfolio: 5.74%

Number of Hedge Fund Holders: 27

Constellium SE (NYSE:CSTM) is a French specialty rolled aluminum products manufacturer and seller that is headquartered in Paris. The firm serves the needs of several industries such as automotive, aerospace, and packaging.

BeaconLight Capital held a $12.3 million stake in Constellium SE (NYSE:CSTM) as part of its Q2 2022 investments. This came in the form of 937,878 shares and it represented 5.74% of the firm’s investment portfolio. Insider Monkey’s 895 hedge fund survey for this year’s June quarter outlined that 27 had also held a stake in the company.

Constellium SE (NYSE:CSTM) won a big contract in September 2022 when it announced that it is supplying aluminum for Mercedes Benz C Class manufacturing in Europe. The aluminum will be used in the car’s hood, tailgate, fender, and roof. Deutsche Bank reduced the company’s share price target to $22 from $25 in September 2022, cautioning about cost pressures.

Constellium SE (NYSE:CSTM)’s largest investor in our database is Jared Nussbaum’s Nut Tree Capital which owns 4.2 million shares that are worth $56 million.





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