Billionaire Richard Chilton’s Top 5 Stock Picks

2. Ball Corporation (NYSE: BLL)

The supplier of aluminum packaging products Ball Corporation (NYSE: BLL) has been offering strong dividends and robust share price gains. It is the second-largest stock holding of billionaire Chilton’s hedge fund portfolio, as of the end of the third quarter. Ball Corporation shares price rallied 180% in the past five years and it has topped the S&P 500 index gains in 2020.

Brown Advisory believes that Ball Corporation is a good stock to hold. Here is what Brown Advisory stated in their investor letter:

“Ball Corporation kept our grocery stores stocked while managing through the dramatic worldwide demand shifts from restaurant and bar consumption to in-home. While Brazil is particularly challenging geography, and higher-margin specialty cans made way for more straight-forward production of 6-pack beverages, Ball was able to expand margins on flat sales relative to last year in the same quarter. We maintained our position.”