download here. The International Fund’s 23.3% gain for the quarter took it to a 13.7% positive return for the full financial year, some 10.6% ahead of its benchmark. You should check out Forager’s top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash.” data-reactid=”12″>Forager Funds recently released its Q2 2020 Investor Letter, a copy of which you can download here. The International Fund’s 23.3% gain for the quarter took it to a 13.7% positive return for the full financial year, some 10.6% ahead of its benchmark. You should check out Forager’s top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash.
SPOT) is one of them. Spotify Technology S.A. (NYSE:SPOT) is a digital music-streaming service. Year-to-date, Spotify Technology S.A. (NYSE:SPOT) stock gained 68.4% and on August 10th it had a closing price of $248.99. Here is what Forager said:” data-reactid=”13″>In the said letter, Forager highlighted a few stocks and Spotify Technology S.A. (NYSE:SPOT) is one of them. Spotify Technology S.A. (NYSE:SPOT) is a digital music-streaming service. Year-to-date, Spotify Technology S.A. (NYSE:SPOT) stock gained 68.4% and on August 10th it had a closing price of $248.99. Here is what Forager said:
“The Spotify (NYSE:SPOT) share price has increased more than 60% since mid-May, adding more than US$15bn to its market capitalisation. The rally started after the company announced a multi-year exclusive licencing deal with Joe Rogan, one of the most popular podcast interviewers in the world. Since then, Spotify has announced additional exclusive contracts with Kim Kardashian and Barack Obama.
While that may seem like a lot of value to attribute to a couple of celebrity podcasts, it’s further evidence that Spotify is building a moat around its business. Prior to these investments, Spotify announced that 19% of users listened to podcasts in the first quarter of 2020, up from just 5% of users two quarters prior. That’s an additional 20 million people that started listening to podcasts on Spotify in a six month period.
The stock is becoming more popular than Kim Kardashian herself.”
dennizn / 123RF Stock Photo” data-reactid=”27″>Copyright: dennizn / 123RF Stock Photo
published an article revealing that Rowan Street Capital is bullish about Spotify Technology S.A. (NYSE:SPOT) stock. The investment firm has deep conviction in the company and its management.” data-reactid=”28″>Last month, we published an article revealing that Rowan Street Capital is bullish about Spotify Technology S.A. (NYSE:SPOT) stock. The investment firm has deep conviction in the company and its management.
SPOT) stock increased by about 5% from the previous quarter (see the chart here), so a number of other hedge fund managers believe in Spotify’s growth potential. Our calculations showed that Spotify Technology S.A. (NYSE:SPOT) isn’t ranked among the 30 most popular stocks among hedge funds.” data-reactid=”29″>In Q1 2020, the number of bullish hedge fund positions on Spotify Technology S.A. (NYSE:SPOT) stock increased by about 5% from the previous quarter (see the chart here), so a number of other hedge fund managers believe in Spotify’s growth potential. Our calculations showed that Spotify Technology S.A. (NYSE:SPOT) isn’t ranked among the 30 most popular stocks among hedge funds.
The top 10 stocks among hedge funds returned 185% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 109 percentage points. We know it sounds unbelievable. You have been dismissing our articles about top hedge fund stocks mostly because you were fed biased information by other media outlets about hedge funds’ poor performance. You could have doubled the size of your nest egg by investing in the top hedge fund stocks instead of dumb S&P 500 ETFs. Below you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.
this small gold mining company. We go through lists like the 10 most profitable companies in America to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. If you want to find out the best healthcare stock to buy right now, you can watch our latest hedge fund manager interview here. You can subscribe to our free enewsletter below to receive our stories in your inbox:” data-reactid=”33″>At Insider Monkey we scour multiple sources to uncover the next great investment idea. With Federal Reserve creating trillions of dollars out of thin air, we believe gold prices will keep increasing. So, we are checking out gold stocks like this small gold mining company. We go through lists like the 10 most profitable companies in America to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. If you want to find out the best healthcare stock to buy right now, you can watch our latest hedge fund manager interview here. You can subscribe to our free enewsletter below to receive our stories in your inbox:
Insider Monkey.” data-reactid=”35″>Disclosure: None. This article is originally published at Insider Monkey.
