Top 5 Stock Picks of Randall Smith’s Alden Global

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1. Arch Resources, Inc. (NYSE:ARCH)

Alden Global’s Stake Value: $7.364 million

Number of Hedge Fund Holders: 24

Arch Resources, Inc. (NYSE:ARCH) is a new entry into the top 10 stock picks of Randall Smith’s Alden Global, having only been added to the portfolio in Q1 2022. Producing coal, Arch Resources, Inc. (NYSE:ARCH) may be a good buy considering how high coal prices have gotten right now. According to Jefferies, Arch Resources, Inc. (NYSE:ARCH) has received a $225 buy target.

See also 15 Best Energy Stocks to Buy Now and 10 Best Cryptocurrency Exchanges in 2020.

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