Invesco Distributors, Inc., an investment management firm, released its “Invesco Discovery Fund” second quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund outperformed its benchmark in the second quarter. The relative performance was primarily driven by stock selection. In the quarter, the leadership of large-cap growth stocks persisted, while value, […]
Wasatch Global Investors, an asset management company, released its “Wasatch Small Cap Growth Strategy” second-quarter 2024 investor letter. A copy of the letter can be downloaded here. Small-cap stocks experienced the most gains in 2023 and the first quarter of 2024, with names linked to the advancement of artificial intelligence (AI) leading the market. However, […]
Key Insights Institutions' substantial holdings in Nova implies that they have significant influence over the company's...