5 Best Stocks To Buy According To Jay Genzer’s Thames Capital Management

In this article, we will be discussing the 5 stocks to buy according to Jay Genzer’s Thames Capital Management. If you wish to see our detailed analysis of Genzer’s history, investment philosophy, and hedge fund performance, go directly to the 10 Best Stocks To Buy According To Jay Genzer’s Thames Capital Management.

5. Vertiv Holdings Co. (NYSE:VRT)

Thames Capital Management’s Stake Value: $15.6 million
Percentage of Thames Capital Management’s 13F Portfolio: 3.66%
Number of Hedge Fund Holders: 36

Vertiv Holdings Co. (NYSE:VRT) is an Ohio-based company that offers key digital infrastructure technology and life cycle services for data centers and communication networks.

On September 13, JPMorgan analyst Stephen Tusa lowered Vertiv Holdings Co. (NYSE:VRT) stock to Neutral from Overweight rating with an unchanged price target of $25, mentioning estimate cuts and relative valuation for the downgrade.

The data collected by Insider Monkey shows that Jay Genzer’s Thames Capital Management held 572,606 shares of Vertiv Holding Co (NYSE:VRT) in the second quarter of 2021, worth $158.8 million.

At the end of the second quarter of 2021, 36 hedge funds in the database of Insider Monkey held stakes worth $904.3 million in Vertiv Holdings Co (NYSE: VRT), down from 39 the preceding quarter worth $997.2 million.

Baron Funds, in its Q2 investor letter, mentioned Vertiv Holdings Co. (NYSE:VRT). Here is what the fund said:

“Vertiv Holdings, LLC is a leading manufacturer of critical digital infrastructure technology for data centers, communication networks, and commercial and industrial environments. Vertiv reported organic sales growth of 19.5% in the last quarter, well above expectations. Orders were up 21% and backlog 31%, which are good indicators of long-term demand for its products. Margins also were much higher than projected leading to a large earnings beat, and we think there is opportunity for continued margin expansion. The company’s balance sheet is much improved, and it has an active acquisitions funnel. We believe that the company will continue to grow nicely and believe its stock still offers great promise, as it is inexpensive on an absolute basis and low relative to its peers