Greenlight's Einhorn pitches Solvay long at Sohn charity conference
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 03 2024
0mins
Source: SeekingAlpha
- David Einhorn's Pitch at Sohn Charity Conference:
- He pitched European chemicals company Solvay SA, seeing the potential for shares to double.
- The pitch was made at the Sohn Investment Conference in New York City and broadcast online.
- Einhorn's View on Solvay:
- Considers Solvay "too cheap" and believes it will generate attractive risk-adjusted returns.
- Suggests that Solvay should divest its solvents business, particularly Coatis based in Brazil, due to low EBITDA margins.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
