Top 5 Stock Picks of Adam Usdan’s Trellus Management

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In this article, we take a look at the top 5 stock picks of Adam Usdan’s Trellus Management. If you are interested in reading about the history and investment philosophy of Trellus Management, you can go directly to Top 10 Stock Picks of Adam Usdan’s Trellus Management.

5. Aspen Aerogels Inc (NYSE:ASPN)

Trellus Management’s Stake Value: $4.857 million

Percentage of Trellus Management’s 13F Portfolio: 3.53%

Number of Hedge Fund Holders as of Q2 2021: 20

Founded in 2001, Aspen Aerogels Inc (NYSE: ASPN) operates in the energy industry in the US. The company uses aerogel technology to create building materials, battery components, and energy infrastructure.

On October 28, Aspen Aerogels Inc (NYSE: ASPN) announced its Q3 revenue to be $30.38 million which beat estimates by $2.75 million and displayed 25.6% year-over-year growth. Similarly, the Q3 EPS of -$0.24 beat the estimated EPS by $0.02. On October 29, Christopher Souther, an analyst at B. Riley Financial, Inc., raised the price target on Aspen Aerogels Inc (NYSE: ASPN) from $53 to $60 and maintained a “Buy” rating on its shares.

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