Sandara Park: Steamboat Capital’s Short Profits Help The Fund Outperform In 2022 [Exclusive]

Steamboat Capital's Short Profits Help The Fund Outperform In 2022 [Exclusive]

Steamboat Capital Partners returned 14.1% gross and 13.5% net in the fourth quarter of 2022, according to a copy of the firm's fourth-quarter investor letter, which ValueWalk has reviewed. Following this performance, the fund ended the year with a net return for investors of -14.9%, compared to -18.1% for the S&P 500 index and -20.4% […] Read More

Baillie Gifford Increases Position In Duolingo (DUOL)

Fintel reports that Baillie Gifford & has filed a 13G/A form with the SEC disclosing ownership of 3.25MM shares of Duolingo, Inc. Class A (NASDAQ:DUOL). This represents 10.4% of the company. In their previous filing dated October 6, 2022 they reported 3.07MM shares and 10.03% of the company, an increase in shares of 5.97% and […] Read More

Why Lucid Spiked Nearly 100% In One Day

Lucid Group shares shot up nearly 100% in a single session on rumors of a takeover. Saudi Arabia's Public Investment Fund may be buying the company. This is good news for EV stocks across the board. 5 stocks we like better than Lucid Group Shares of Lucid Group (NASDAQ:LCID) rocketed up by almost 100% in […] Read More

ASML Sees Demand For Chips Rallying This Year, Boosts Sales View

ASML put concerns about China restrictions to rest, beating Wall Street views for the fourth quarter. It also boosted guidance for the current quarter. The company said it sees revenue growing by at least 25% this year. The stock has been traveling higher in January, getting support well above longer- and shorter-term moving averages. Since […] Read More

KLA Corp: Strength In A Troubled Semi-Market

KLA Corp beat on the top and bottom line and gave a fair guidance as well. The company is a solid dividend payer and is also buying back shares. 2023 will present headwinds but the company is in a good position to come out ahead. 5 stocks we like better than KLA Just when you […] Read More

Caution About Interest Rate Decisions, Ryanair Lifts And Unilever Names CEO

FTSE 100 opens in negative territory ahead of crucial central bank meetings this week. Cautious confidence is returning to the UK according to the Lloyds Bank Business Barometer. Ryanair posts record profits for the third quarter, boosted by pent-up demand for travel. Unilever names its new CEO as Hein Schumacher, the boss of a Dutch dairy […] Read More