5 Stocks Under $30 to Buy Today According to Billionaire Steven Cohen

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In this piece, we will look at the ten stocks under $30 to buy today according to billionaire Steven Cohen. If you want to see more cheap stocks in the billionaire’s hedge fund’s portfolio, then head on to 10 Stocks Under $30 to Buy Today According to Billionaire Steven Cohen.

5. Sotera Health Company (NASDAQ:SHC)

Point72 Asset Management’s Holdings: $64.8 million

Percentage of Point72 Asset Management’s Portfolio: 0.25%

Number of Hedge Fund Holders: 16

Share price on May 27, 2022: $20.40

Sotera Health Company (NASDAQ:SHC) is a healthcare company that has developed its business model around several technologies such as sterilization and analytical testing. It is headquartered in Broadview Heights, Ohio, United States.

Point72 Asset Management owned 2.9 million Sotera Health Company (NASDAQ:SHC) shares as part of its Q1 2022 investment portfolio. These enabled it to hold a $64.8 million stake in the company. Insider Monkey’s 912 hedge fund portfolio analysis for the same time period revealed that 16 had also bought the company’s shares.

Sotera Health Company (NASDAQ:SHC) reported $236 million in revenue and $0.22 in non-GAAP EPS for its fiscal first quarter earnings. This ended up impressing Wall Street as the firm beat analyst estimates for both metrics. Subsequently, Wolfe Research set a $26 price target and an Outperform rating for the company’s shares in April 2022.

Sotera Health Company (NASDAQ:SHC)’s largest investor is Sharlyn C. Heslam’s Stockbridge Partners which owns 9.2 million shares that are worth $199 million.


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