5 Stocks to Invest in According to Kenneth Squire’s 13D Management

In this article, we will discuss the 5 stocks to invest in according to Kenneth Squire’s 13D Management. If you want to read our detailed analysis of Squire’s history, investment philosophy, and hedge fund performance, go directly to the 15 Stocks to Invest in According to Kenneth Squire’s 13D Management.

5. Olin Corporation (NYSE:OLN)

13D Management Stake Value: $12,606,000
Percentage of 13D Management’s 13F Portfolio: 4.69%
Number of Hedge Fund Holders: 37

Olin Corporation (NYSE:OLN) is a chemical product manufacturer. It works in three divisions: Chlor Alkali Products and Vinyls, Epoxy, and Winchester. In October, the company declared a quarterly dividend of $0.20 per share, in line with the previous. In addition, shares of the company surged 180.88% in the past twelve months.

Piper Sandler analyst Charles Neivert boosted his price objective on Olin to $80 from $70 in October and maintained an “Overweight” rating on the shares. In the third quarter of 2021, Olin Corporation had an EPS of $2.38, beating estimates by $0.30.

By the end of the second quarter of 2021, 37 hedge funds out of the 873 tracked by Insider Monkey held stakes in Olin Corporation, worth roughly $1.33 billion. This is compared to 34 hedge fund holders in the previous quarter, with stakes worth about $1.17 billion.