Redfin
Key Points Despite analysts’ bearish sentiment, Redfin’s shares have experienced a strong turnaround, with significant growth this year.The stock is consolidating near a breakout level, indicating potential upward momentum.The presence of a high short interest might act as a catalyst for further price.5 stocks we like better than RedfinShares of real estate company Redfin (NASDAQ:RDFN) have staged an impressive turnaround this year, with shares up 160% YTD and 183% over the last six months. The recent run shows no signs of slowing down, with shares consolidating near short-term resistance, poi...
ValueWalk
Saga Partners commentary for the first quarter ended March 31, 2022. During the first quarter of 2022, the Saga Portfolio (“the Portfolio”) declined 42.4% net of fees. This compares to the overall decrease for the S&P 500 Index, including dividends, of 4.6%. The cumulative return since inception on January 1, 2017, for the Saga Portfolio is 112.0% net of fees compared to the S&P 500 Index of 122.7%. The annualized return since inception for the Saga Portfolio is 15.4% net of fees compared to the S&P 500’s 16.5%. Please check your individual statement as specific account returns may vary depend...
ValueWalk
Lester Knispel bought the $1.5 million white-columned house on the second fairway. His Porsche is now parked in the garage. And family pictures hang in the living room.Q3 2020 hedge fund letters, conferences and moreBut Lester and his wife have never set foot inside their new country club home! They live in California, and didn’t want to visit Florida during the lockdowns.So instead they toured the five-bedroom mansion virtually, bought it, and then shipped the car and furniture soon after. “I never thought I’d buy something like this, sight unseen” Knispel told the Wall Street Journal.In 2013...
ValueWalk
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