If You Own Mohawk Industries (MHK) Stock, Should You Sell It Now?
Heartland Mid Cap Value Fund recently released its third-quarter investor letter – a copy of which is available for download here. The fund posted a return of 3.1% for the quarter, underperforming its benchmark, the Russell Midcap Value Index which returned 6.4% in the same quarter. You should check out Heartland’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q3 2020 Investor Letter, Heartland Advisors highlighted a few stocks and Mohawk Industries Inc (NYSE:MHK) is one of them. Mohawk Industries Inc (NYSE:MHK) is a flooring manufacturer. Year-to-date, Mohawk Industries Inc (NYSE:MHK) stock gained 1.5% and on December 18th it had a closing price of $138.43. Here is what Heartland Advisors said: