Is Gan Limited (GAN) A Smart Long-Term Buy? : vimarsana.com

Is Gan Limited (GAN) A Smart Long-Term Buy?


Is Gan Limited (GAN) A Smart Long-Term Buy?
Symmetry Invest, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 40.4% was recorded by the fund for the year end 2020, outperforming its MSCI ACWI benchmark that delivered a 12.3% return. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Symmetry Invest, in their Q4 2020 Investor Letter, said that GAN Limited (NASDAQ: GAN) was a company they followed for a long time and was able to buy shares of the company in its focal point. GAN Limited is an online gaming platform that currently has a $1 billion market cap. For the past 3 months, GAN delivered a 65.11% return and settled at $29.09 per share at the closing of February 18th.

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