David Einhorn Bets on Bottled Water, Another Hedge Fund Manager Says ‘Solid Financial Picture' For Stock

One of the newest stock picks from David Einhorn’s DME Capital Management hedge fund in the second quarter was bottled water company Primo Brands Corp (NYSE: PRMB).

Former hedge fund manager Whitney Tilson shared his thoughts on Einhorn’s new pick recently.

Whitney Tilson on Primo Brands

In recent weeks, a daily newsletter from former hedge fund manager Whitney Tilson has been warning investors of signs of the AI bubble popping. Tilson took a break from the bearish sentiment to share his thoughts on some of the new stock picks from Einhorn.

"When I took a quick glance at the stock, I noted that it has had many ups and downs since its 1992 IPO," Tilson wrote.

The former hedge fund manager notes that the stock ran up to $35 last year before...