Guardian Fund: ‘Palantir (PLTR) has a Long Runway of Growth Ahead’
Guardian Fund, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 52.21% was recorded by the fund for the year end 2020, outperforming its S&P 500 benchmark that delivered an 18.40%. return. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Guardian Fund, in their Q4 2020 Investor Letter said that they acquired a position in Palantir Technologies Inc. (NYSE: PLTR) because they believe that the company’s revenues will grow faster than its expenses. Palantir Technologies Inc. is a software company that currently has a $60 billion market cap. For the past 3 months, PLTR delivered a massive 169.07% return and settled at $31.76 per share at the closing of February 3rd.
SPS Commerce (SPSC) is A Dynamic High-Growth Business According to FAM Funds
FAM Funds, an investment management firm, published its ‘FAM Small Cap Fund’ fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 10.10% was recorded by the fund for the year end 2020, underperforming its Russell 2000 benchmark that returned 19.9%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
FAM Funds, in their Q4 2020 Investor Letter said that they acquired a position in SPS Commerce, Inc. (NASDAQ: SPSC) because of its attractive valuation. SPS Commerce, Inc. is a software company that currently has a $3.5 billion market cap. For the past 3 months, SPSC delivered a 17.91% return and settled at $102.87 per share at the closing of January 28th.
12 Biggest Chinese Software Companies
The Chinese economy has seen astounding growth over the last few decades. With the world’s second-largest economy and the world’s largest mobile payment penetration, China has become a global technology leader, and many global companies are assessing the country’s present and future outlook. China is home to some of the largest software companies in the world, such as Huawei, Alibaba, Baidu, Tencent, and Xiaomi. The country’s technological innovation has been an advantage for it to be home to huge investments in AI, 5G, self-driving cars, robotics, electric vehicles, and even missions to Mars. Check out the top 10 robotics and artificial intelligence stocks to buy in our article here.