Top 5 Stock Picks of Jeffrey Diehl’s Adams Street Partners

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1. Rimini Street, Inc. (NASDAQ:RMNI)

Adams Street Partners’ Stake Value: $136.68 million

Number of Hedge Fund Holders: 16

With a position worth $136.68 million, Rimini Street, Inc. (NASDAQ:RMNI) is the top stock pick of Jeffrey Diehl’s Adams Street Partners. Rimini Street, Inc. (NASDAQ:RMNI) is a small-cap tech company which claims to be the “leading provider of independent, third-party enterprise software support services, driving substantial savings and better business outcomes”.

Rimini Street, Inc. (NASDAQ:RMNI) has increased its active clients by 13% to just under 2,900 and has some promising indicators but large sales of its shares made by the CEO are a bit discouraging, along with the fact that there is a lot of competition in the same space. Rimini Street, Inc. (NASDAQ:RMNI) also recently announced a stock repurchase plan, upping the amount from $15 million to $50 million.

You can also take a look at 10 Best Real Estate Stocks To Buy Now and 10 Cheap Stocks Leon Cooperman Is Buying.

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