In this article, we discuss Ricky Sandler’s top 5 stock picks. For Sandler’s investment philosophy and his comments on certain stocks please see Ricky Sandler’s Top 10 Stock Picks.
5. Ashland Global Holdings Inc. (NYSE: ASH)
Percent of Ricky Sandler’s 13F Portfolio: 2.99%
No. of Hedge Fund Holders: 38
Yet another chemicals company in Ricky Sandler’s portfolio, Ashland Global operates various segments including solvents, personal & home care, food, pharmaceuticals and industrials. The stock is up about 90% over the last 12 months. The company in February announced preliminary results for the quarter ended December 31, 2020. EPS in the quarter came in at $0.99, crushing past the Street estimates of $0.57. Revenue in the quarter jumped 3.6% to $552 million, beating the consensus by $11.82 million.
As of the end of the fourth quarter, 38 hedge funds in Insider Monkey’s database of 887 funds held stakes in ASH, compared to 46 funds in the third quarter. Ricky Sandler’s Eminence Capital is the biggest stakeholder in the company, with 4.04 million shares, worth $319.6 million.