10 Best Stocks This Past Week: Virgin Galactic, Upstart, Ford and More msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Here’s Why Vulcan Value Partners Became Optimistic in Upstart (UPST)
Vulcan Value Partners, an investment management firm, published its “Large Cap, Small Cap, Focus Composite, Focus Plus Composite, and All Cap Composite” first quarter 2021 investor letter – a copy of which can be downloaded here. Vulcan’s Large Cap Composite Fund delivered a 7.1% net return for the first quarter of 2021, 20.4% for the Small Cap, 5.5% for both the Focus Composite and Focus Plus Composite Fund, and 8.7% return was delivered by its All Cap Composite Fund for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Upstart Holdings Posts 340% Earnings Growth In Q1: Shares Jump 3% yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
How I m Playing the Bounce and Bottom Fishing The most oversold stocks are seeing the best bounces.
After aggressive selling on Wednesday, we have some bounce action Thursday morning. Breadth is running about 4 to 1 positive but what is most notable is that the most oversold stocks are seeing the best bounces. The Russell 2000 ETF ( (IWM) ETF) is up over 2% while the DJIA is up around 1.4%.
The biggest challenge for traders recently has been trying to navigate a rotational correction that was hitting various areas of the market at different times. The selling was more correlated on Wednesday and that may have been what was needed to help put in some support for stocks that have been suffering from relative weakness.