5 Stocks to Buy According to James Morrow’s Callodine Capital Management

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In this article, we discuss 5 stocks to buy according to James Morrow’s Callodine Capital Management. If you want to read our detailed analysis of Morrow’s history, investment philosophy, and hedge fund performance, go directly to 10 Stocks to Buy According to James Morrow’s Callodine Capital Management.

5. Equitable Holdings, Inc. (NYSE:EQH)

Callodine Capital Management’s Stake Value: $12,746,000
Percentage of Callodine Capital Management’s 13F Portfolio: 3.77%
Number of Hedge Fund Holders: 38

Equitable Holdings, Inc. (NYSE:EQH) is a holding company providing financial services. Its two significant franchises are Equitable and AllianceBernstein. Callodine Capital Management first initiated a position in Equitable Holdings, Inc. (NYSE:EQH) in Q1 2021 by purchasing 215,000 shares. In the second quarter of 2022, the hedge fund increased its stake in the firm by 7% and held 488,930 shares.

On August 18, Barclays analyst Tracy Benguigui maintained an ‘Overweight’ rating on Equitable Holdings, Inc. (NYSE:EQH) while increasing her price target from $32 to $36. In addition, 38 hedge funds were bullish on Equitable Holdings, Inc. (NYSE:EQH) at the conclusion of the June quarter, down from 44 funds in the prior quarter.



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