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Were Hedge Funds Right About Rush Enterprises, Inc (RUSHA)?
insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.
Were Hedge Funds Right About Barnes Group Inc. (B)?
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors and hedge funds think of Barnes Group Inc. (NYSE:B).
Is
Barnes Group Inc. (NYSE:B) worth your attention right now? Hedge funds were becoming more confident. The number of bullish hedge fund positions moved up by 6 lately. Barnes Group Inc. (NYSE:B) was in 18 hedge funds’ portfolios at the end of March. The all time high for this statistic is 19. Our calculations also showed that B isn’t among the 30 most popular stocks among hedge funds (click for Q1 rankings).
Were Hedge Funds Right About Xencor Inc (XNCR)?
insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.
Operator
Ladies and gentlemen, thank you for standing by, and welcome to Rush Enterprises, Inc. Reports Second Quarter 2021 Earnings Results. [Operator Instructions] Please be advised that today s conference is being recorded. [Operator Instructions]
I would now like to hand the conference over to your speaker for today, Rusty Rush, Chairman, CEO and President. You may begin.
W.M. Rusty Rush
Chairman of the Board, Chief Executive Office and President
Good morning, and welcome to our second quarter of 2021 earnings release conference call. On the call today are Mike McRoberts, Chief Operating Officer; Steve Keller, Chief Financial Officer; Derrek Weaver, Executive Vice President; Jay Hazelwood, Vice President and Controller; and Michael Goldstone, Vice President, General Counsel and Corporate Secretary.
New Braunfels-based truck dealer Rush Enterprises more than triples profit from a year ago
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Corporate office of Rush Enterprises.courtesy/Rush Enterprises
New Braunfels-based Rush Enterprises Inc., which owns the largest commercial truck dealership network in the nation, said Tuesday it more than tripled its profits in the second quarter as the U.S. economy continued its recovery from the pandemic.
“We are proud of our team for achieving impressive financial results in the second quarter, which were largely driven by the continued nationwide economic recovery and widespread activity throughout most market segments we support,” said W.M. “Rusty” Rush, chairman, president and CEO.
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