5 Stocks to Buy According to Kevin McCarthy’s Breakline Capital

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

5. Jabil Inc. (NYSE:JBL)

Breakline Capital’s Stake Value: $4,395,000
Percentage of Breakline Capital’s Portfolio: 6.74%
Number of Hedge Fund Holders: 45

Jabil Inc. (NYSE:JBL) is a global provider of electronic manufacturing services and solutions. Overall, 45 hedge funds tracked by Insider Monkey were bullish on Jabil Inc. (NYSE:JBL) in Q1 2022, up from 26 in the previous quarter. These stakes hold a consolidated value of over $766.29 million.

Goldman Sachs analyst Mark Delaney maintained his Buy rating on Jabil Inc. (NYSE:JBL) but decreased his price objective to $69 from $78 on June 1. Due to heightened supply chain limitations in the short term and weaker demand in the longer term, Delaney cut his automobile and industrial technology predictions and price targets.

Kevin McCarthy bought an additional 22,745 shares in Jabil Inc. (NYSE:JBL) to raise Breakline Capital’s total position to nearly 71,205 shares. Steve Cohen’s Point72 Asset Management is Jabil Inc. (NYSE:JBL)’s most significant stakeholder, with 3.02 million shares worth $186.47 million.



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