Published on 3 Feb 2022 on Insider Monkey via Yahoo Finance

Is it Still Worth It to Invest in ODP Corporation (ODP)?

Greenlight Capital, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be downloaded here. An annual return of 11.9% was recorded by the fund for the whole year 2021, compared to the 28.7% of the S&P 500 index for the same period. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

Greenlight Capital, in its Q4 2021 investor letter, mentioned The ODP Corporation (NYSE: ODP) and discussed its stance on the firm. The ODP Corporation is a Boca Raton, Florida-based retail company with a $2.2 billion market capitalization. ODP delivered a 10.97% return since the beginning of the year, while its 12-month returns are down by -2.37%. The stock closed at $43.59 per share on February 2, 2022.

Here is what Greenlight Capital has to say about The ODP Corporation in its Q4 2021 investor letter: