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Is First Interstate BancSystem (FIBK) A Smart Long-Term Buy?


Is First Interstate BancSystem (FIBK) A Smart Long-Term Buy?
Diamond Hill Capital, an investment management firm, published its “Diamond Hill Small Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. The portfolio outpaced the Russell 2000® Index in the quarter with positive absolute results across all sectors. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Diamond Hill Capital, in its Q1 2021 investor letter, mentioned First Interstate BancSystem, Inc. (NASDAQ: FIBK), and shared their insights on the company. First Interstate BancSystem, Inc. is a Billings, Montana-based bank holding company that currently has a $2.8 billion market capitalization. Since the beginning of the year, FIBK delivered a 13.56% return, extending its 12-month gains to 57.64%. As of May 21, 2021, the stock closed at $46.30 per share. ....

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Is Trebia Acquisition Corp. (TREB) A Smart Long-Term Buy?


Is Trebia Acquisition Corp. (TREB) A Smart Long-Term Buy?
Alphyn Capital Management, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here.  A return of 6.8% was reported by the fund in the Q1 of 2021, outperforming its S&P 500 TR benchmark that delivered a 6.2% return in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Alphyn Capital Management, in their Q1 2021 investor letter, mentioned Trebia Acquisition Corp. (NYSE: TREB) and shared their insights on the company. Trebia Acquisition Corp. is a US-based blank check company that currently has a $656.5 million market capitalization. Since the beginning of the year, TREB delivered a -5.87% return, while its 3-month gains are down by -4.64%. As of April 09, 2021, the stock closed at $10.18 per share. ....

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