M.D. Sass is betting big on these out-of-favor stocks, expecting growth, recession or not

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Ari Sass said his goal at M.D. Sass is to find value in underappreciated companies that are in the midst of a transformation.

When Ari Sass moved into the portfolio manager role at hedge fund M.D. Sass four years ago, it was a long-expected transition at the company his father had built, but Sass said he embraced it as a new opportunity. "Myself and the team really did a lot of introspection," Sass recalled, in an interview with CNBC. "... This was somewhat of a chance … to disrupt ourselves.

has been investing in acquisitions that have shifted its business from more commodity services to technology that provides greater value to the defense department. That's helping it win more contracts and grow its profit margins. "Our thesis was really more around a company somewhat transforming themselves into more value-added services," he said.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock Market Crash: 17% Drop Ahead, Former BlackRock Stock Chief SaysA former BlackRock stock chief says he thinks the S&P 500 will fall another 17% as investors ignore a growing mountain of tell-tale recession signals S&P 500 will be range bound for many years in the 3500 to 4500 range. We saw something similar in the 1970's 'Great, just what we need: Another financial expert with a crystal ball.' how bout his opinion is worth nothing
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »