Is Charles River Laboratories (CRL) a Smart Long-term Buy?
Brown Capital Management Mid Company Fund recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 6.15% (inst. class) for the quarter, underperforming its benchmark, the Russell Midcap Growth Index which returned 9.4% in the same quarter. You should check out Brown Capital Management’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, Brown Capital Management highlighted a few stocks and Charles River Laboratories International Inc. (NYSE:CRL) is one of them. Charles River Laboratories International Inc. (NYSE:CRL) is a clinical laboratory company. Year-to-date, Charles River Laboratories International Inc. (NYSE:CRL) stock gained 59.1% and on December 15th it had a closing price of $243.08. Here is what Brown Capital Management said:
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