5 Plant-Based Food Stocks to Buy and Hold for the Next 10 Years

4. Benson Hill, Inc. (NYSE:BHIL

Number of Hedge Fund Holders: 26

Benson Hill, Inc. (NYSE:BHIL) is a food technology company that uncovers the natural genetic diversity of plants. The company uses data, artificial intelligence, and crop science to ​​deliver optimized food, ingredients, and feed products. On May 19, Barclays analyst Benjamin Theurer reiterated an ‘Overweight’ rating on Benson Hill, Inc. (NYSE:BHIL) and lowered the firm’s price target on the stock to $5 from $8. The analyst remains bullish on Benson Hill, Inc. (NYSE:BHIL)’s medium to long-term prospects. He forecasts accelerated sales growth after the company’s recent acquisitions to further enhance its integrated solutions.

Among the hedge funds tracked by Insider Monkey, 26 funds reported owning stakes in Benson Hill, Inc. (NYSE:BHIL) at the end of Q1 2022, up from 23 funds in the earlier quarter. The collective stakes increased to $36.8 million in the first quarter from $27.6 million in the earlier quarter.