Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
Methanex Corporation (NASDAQ: MEOH)
Methanex manufactures and sells methanol. Methanex’s customers use methanol as a feedstock to produce end products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines. Europe generates the most revenue of any geographical segment.
A quick look at the price chart below for Methanex shows us that the stock is up 3% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 6.99 which means that it remains undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in Methanex include:
Cliff Asness – 2,663,287 total shares
Jim Simons – 683,848 total shares
Jim O’Shaughnessy – 596,694 total shares
Lee Ainslie – 87,160 total shares
Joel Greenblatt – 80,706 total shares
Jeremy Grantham – 43,800 total shares
Ken Griffin – 40,357 total shares
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