Revlon (REV) is Mittleman Investment’s Top Performing Stock, Returned +88%
Mittleman Investment Management LLC, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 31% was recorded by the fund for the Q4 of 2020, outperforming its S&P 500 benchmark that delivered a 12.1% return. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Miller Value Partners, in their Q4 2020 Investor Letter, said that Revlon, Inc. (NYSE: REV) was a top contributor for their portfolio in the fourth quarter of 2020. Revlon, Inc. is a cosmetics company that currently has a $590.3 million market cap. For the past 3 months, REV delivered a 16.16% return and settled at $11.07 per share at the closing of February 12th.
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