Madison Funds: “Hain Celestial Group (HAIN) has Significant Upside”
Madison Funds, an investment management firm, published its “Madison Small Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. The Madison Small Cap Fund Class Y (at NAV) outperformed the Russell 2000 Index by 103 basis points (bps) and by 280 bps compared to the Russell 2500 Index for the Q1 of 2021. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Madison Small Cap Fund, in their Q1 2021 investor letter, mentioned The Hain Celestial Group, Inc. (NASDAQ: HAIN), and shared their insights on the company. The Hain Celestial Group, Inc. is a Lake Success, New York-based food company that currently has a $4.09 billion market capitalization. Since the beginning of the year, HAIN delivered a 2.09% return, extending its 12-month gains to 58.63%. As of April 28, 2021, the stock closed at $40.99 per share.