Visteon Corp (VC), Gardner Denver, Inc. (GDI) Among Hedge Fund Eton Park Capital’s Best Small Cap Picks

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The filing showed Eton Park initiating a position of about 590,000 shares in Gardner Denver, Inc. (NYSE:GDI), a manufacturer of industrial machinery and engineering products. Revenue decreased by 4% in its most recent quarter, contributing to an 11% decline in earnings. While the stock’s valuation is at least close to value territory with a trailing P/E of 14, then, we would avoid it at least until the company can actually deliver growth in net income. Adage Capital Management, managed by Phil Gross and Robert Atchinson, nearly tripled their stake in Gardner Denver, Inc. (NYSE:GDI) to 1.4 million shares.

Disclosure: I own no shares of any stocks mentioned in this article.

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