5 Stocks that Tripled in 2021

4. Veritiv Corporation (NYSE:VRTV)

Number of Hedge Fund Holders: 11  

Year-To-Date Gain: 571%  

Veritiv Corporation (NYSE:VRTV) provides packaging products and services. The company has beaten market expectations on earnings per share and revenue for the past two quarters and also raised guidance for the fiscal year, boosting investor confidence and sending the share price soaring. 

Deutsche Bank analyst Nicole DeBlase recently raised the price target on Veritiv Corporation (NYSE:VRTV) stock to $32 from $30 and kept a Buy rating on the shares, appreciating the third quarter earnings results of the firm. 

At the end of the third quarter of 2021, 11 hedge funds in the database of Insider Monkey held stakes worth $354 million in Veritiv Corporation (NYSE:VRTV), up from 14 in the preceding quarter worth $254 million.