Is Ritchie Bros Auctioneers (RBA) Stock a Buy For 2021?
Upslope Capital recently released its Q4 2020 Investor Letter, a copy of which you can download here. The Fund returned 7.9% net of fees for the fourth quarter, as compared to the 24.4% return of the S&P Midcap 400 ETF and 7.8% return of the HFRX Equity Hedge Index. You should check out Upslope Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q4 2020 Investor Letter, Upslope Capital highlighted a few stocks and Ritchie Bros Auctioneers Inc (NYSE:RBA) is one of them. Ritchie Bros Auctioneers Inc (NYSE:RBA) operates the world’s leading marketplace for heavy equipment. In the last three months, Ritchie Bros Auctioneers Inc (NYSE:RBA) stock gained 4.7% and on January 22nd it had a closing price of $63.04. Here is what Upslope Capital said:
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