Top 5 Stock Picks of Zweig-DiMenna Associates

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1. Marathon Oil Corporation (NYSE:MRO)

Zweig-DiMenna Associates’ Stake Value: $21.563 million

Number of Hedge Fund Holders: 43

Topping the list of top 10 stock picks of Zweig-DiMenna Associates is Marathon Oil Corporation (NYSE:MRO), which makes up 4% of the total portfolio, after an increase in holding by 84% in the first quarter. Marathon Oil Corporation (NYSE:MRO) is an exploration and production company which has benefited from higher oil prices.

Carillon Tower Advisers recently published its Q1 2022 investor letter, where Marathon Oil Corporation (NYSE:MRO) was mentioned. Here is what it said:

“Stock selection contributed the most while sector allocation was also positive. An underweight to communication services and an overweight to energy helped performance, while an underweight to consumer staples and an overweight to materials detracted. Stock selection was strong within healthcare and materials but was weak within information technology and industrials. Marathon Oil (NYSE:MRO) increased its quarterly dividend and executed an impressive share buyback that blew by the target it originally announced.”

See also 15 Best Security Stocks to Buy Now and 10 Best Vanguard Stocks to Buy Now

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