Kevin Oram’s Praesidium Investment’s Top 5 Stock Picks

4. Masonite International Corp (NYSE:DOOR)

Oram’s Stake Value: $189,837,000

Percentage of Oram’s 13F Portfolio: 10.12%

Number of Hedge Fund Holders: 24

Masonite International Corp (NYSE:DOOR) is the fourth stock on our list of Kevin Oram’s Praesidium Investment’s top 5 stock picks. Masonite International Corp (NYSE:DOOR) designs, manufactures, and distributes doors to residential and commercial construction companies. It has served thousands of customers across 60 countries. 

Oram’s Praesidium Investment owns about 1.69 million shares in Masonite International Corp (NYSE:DOOR), amounting to $189.84 million, and making up 10.12% of Oram’s 13F portfolio. At the end of the second quarter of 2021, 24 hedge funds in Insider Monkey’s database held stakes amounting to $309.9 million in Masonite International Corp (NYSE:DOOR), down from 31 in the previous quarter with stakes worth over $405.86 million. The company reported last quarter’s earnings per share of $2.23 on August 9, beating analysts’ consensus estimates of $2.12 by $0.11.