10 Best Hardware Stocks to Buy Now
The world economy was mostly shuttered throughout 2020 as governments around the world scrambled to contain the spread of the COVID-19 pandemic. One of the side effects of the restrictions placed on business activity was that companies making tools and hardware required for other businesses to function took a huge hit in sales as economic activity ground to a complete halt. For example, one of the biggest hardware firms in the US, Stanley Black & Decker, Inc. (NYSE: SWK), reported only a 1% increase in sales during 2020.
However, slow growth in the second half of the year on the back of increased optimism resulting from the development of a coronavirus vaccine helped Stanley Black & Decker, Inc. (NYSE: SWK) bounce back and the firm reported a 19% year-on-year increase in sales in the fourth quarter of 2020. The total earnings for the firm during the period also increased by roughly 50% compared to the same time last year. The firm expects steady
Merion Road Capital: “Fidelity National Financial (FNF) is Likely Over-Earning Right Now”
Merion Road Capital Management, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 2.5% was reported by the fund’s Long Only Large Cap Fund, while its Long Short Small Cap Fund delivered a 23.8% in the first quarter of 2021, outperforming its Russell 2000 and Barclay Hedge Fund benchmarks that had a 12.9% and 4.9% gains respectively in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Merion Road Capital Management, in their Q1 2021 investor letter, mentioned Fidelity National Financial, Inc. (NYSE: FNF) and shared their insights on the company. Fidelity National Financial, Inc. is a Jacksonville, Florida-based title insurance company that currently has a $12.7 billion market capitalization. Since the beginning of the year, FNF delivered an 11.69% retu
Here’s Why Rocky Brands (RCKY) Became Merion Road’s Top Gainer for Q1 2021
Merion Road Capital Management, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 2.5% was reported by the fund’s Long Only Large Cap Fund, while its Long Short Small Cap Fund delivered a 23.8% in the first quarter of 2021, outperforming its Russell 2000 and Barclay Hedge Fund benchmarks that had a 12.9% and 4.9% gains respectively in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Merion Road Capital Management, in their Q1 2021 investor letter, mentioned Rocky Brands, Inc. (NASDAQ: RCKY) and shared their insights on the company. Rocky Brands, Inc. is a Nelsonville, Ohio-based shoe manufacturing company that currently has a $406.9 million market capitalization. Since the beginning of the year, RCKY delivered a whopping 99.93% return, impressively extending its 12
Tuesday Morning Corp. (TUEM) “Worked Out Wonderfully” for Merion Road Capital
Merion Road Capital Management, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 2.5% was reported by the fund’s Long Only Large Cap Fund, while its Long Short Small Cap Fund delivered a 23.8% in the first quarter of 2021, outperforming its Russell 2000 and Barclay Hedge Fund benchmarks that had a 12.9% and 4.9% gains respectively in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Merion Road Capital Management, in their Q1 2021 investor letter, mentioned Tuesday Morning Corporation (NYSE: TUEM) and shared their insights on the company. Tuesday Morning Corporation is a Dallas, Texas-based retail company that currently has a $141.1 million market capitalization. In the past 5 days, TUEM delivered a 0.33% return, while its 1-month gains are up by 2.03%. As of Ap
Rocky Mountain Chocolate (RMCF) is Merion Road Capital’s Largest Detractor
Merion Road Capital Management, an investment management firm, published its fourth-quarter 2020 Investor Letter for its ‘MRCM Long Short Small Cap’ and ‘MRCM Long Only Large Cap’– a copy of which can be downloaded here. A return of 11.5% was recorded by its Long Short Small Cap fund for the Q4 of 2020, outperforming its Barclay Hedge Fund index that made a 9% return, but below its Russell 2000 benchmark that delivered 31.3%. Its Long Only Large Cap fund delivered a 21.2% return, above its S&P 500 benchmark that accumulated 12.1%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.